17th Aug 2006 16:19
Centaur Media PLC17 August 2006 Centaur Media plc (Centaur) acquires on-line travel publication ---------------------------------------------------------------- August 17th 2006: Centaur, the specialist business publishing and eventscompany, is pleased to announce that it has acquired Air and Business TravelNews (ABTN), an on-line publication for the travel industry. The publication hasbeen bought from Malcolm Ginsberg & Associates for a consideration of £0.1m. ABTN was launched as an online newsletter and website by Malcolm Ginsberg in1998 and currently has 23,000 subscribers. Centaur will re-launch ABTN to unlockits underlying commercial potential. Graham Sherren, Chairman and Chief Executive of Centaur, said: "ABTN willcomplement our highly successful Business Travel and Travel Technology shows andbecome the first publication in our Travel Community." Centaur's strategy is to build on its strength in the markets in which italready operates, as well as looking for other communities where it can applyits knowledge and expertise. This latest acquisition reflects the successfulcontinuation of that strategy. Malcolm Ginsberg said: "I have known the team at Centaur since they launched theBusiness Travel Show in 1995. Now with its transfer from Olympia to Earls Courtin February I look forward to working with Centaur to take ABTN to the nextstage of its development." Centaur is one of the UK's leading business-to-business publishers. Centaur'spublications include Marketing Week, New Media Age (NMA), Design Week, CreativeReview, The Lawyer, Finance Week, Money Marketing and The Engineer. It also hasa major Exhibitions division that runs around 24 exhibitions a year includingthe Business Travel shows, several shows in the marketing, logistics andfinancial services sectors and the Homebuilding & Renovating shows. The ABTN operation will be moving to Centaur's offices in central London. Enquiries:Centaur Holdings plc Graham Sherren Tel: 020 7970 4506 Geoff Wilmot Gavin Anderson & Company Richard Constant Tel: 020 7554 1400 Robert Speed Janine Brewis This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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