16th Apr 2012 07:00
16 April 2012
UBM plc acquires Negocios nos Trilhos, South America's leading railway industry exhibition
UBM plc today announces it has acquired Negocios nos Trilhos, South America's leading railway industry exhibition, from Grupo Revista Ferrovi¡ria on behalf of UBM Live (www.ubmlive.com).
Now in its fifteenth edition, Negocios nos Trilhos - literally, `Business on Rails" - is a cargo and public rail transport tradeshow which is held annually in Sao Paulo (for further information see http://revistaferroviaria.com.br/ nt2012/english.php). Last year's show attracted 180 rail equipment and technology exhibitors from 14 countries and 7,000 railway professionals drawn from both the public and the private sectors. The 2012 event will take place 6-8 November.
The passenger and cargo railway industry in Brazil and other South American countries is expanding rapidly as the region's economic development advances. Brazil has also seen accelerated investment in mass transport systems driven by the World Cup in 2014 and the Olympic Games in 2016.
Negocios nos Trilhos is a complementary fit with UBM Live's Intermodal transport exhibition in Brazil (www.intermodal.com.br/en), which ran 10-12 April 2012. The business also overlaps with UBM Global Trade's US rail industry products.
In 2011 Negocios nos Trilhos generated revenues of approximately £1.6 million. As at 29 March 2012, the business' gross assets were £0.7 million. The acquisition is expected to exceed UBM's cost of capital criterion in its first full year of ownership.
Simon Foster, Chief Executive Officer of UBM Live said:
"We are delighted to have acquired such a well-established and market-leading exhibition in this fast-growing industry. Negocios nos Trilhos will strengthen our position in the transport sector in Brazil and complement UBM's US-based rail industry product set."
- Ends - ContactsMedia Peter Bancroft Director of Communications E-mail [email protected] Direct telephone +44 20 7921 5961 Chris Barrie Citigate Dewe Rogerson E-mail [email protected] Direct telephone +44 20 7282 2943 Mobile +44 796 872 72 89 Analysts/Investors James O'Shaughnessy Investor Relations Manager Email [email protected] Direct telephone +44 20 7921 5095 Notes to Editors1. About UBM plc
UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM news.
2. About UBM Live
Operating internationally, UBM Live operates a number of market-leading exhibitions, awards, websites and online products and publications in more than twenty different business sectors. Leading brands include CPhI, IFSEC, Food Ingredients, Cruise Shipping Miami, Technology for Marketing and Advertising, International Confex, Informex and many more. With offices in the UK, Netherlands, USA, UAE and Brazil, UBM Live has successfully geo-cloned its leading CPhI, Food Ingredients, TFM&A and IFSEC brands into territories such as China, Japan, Asia, Eastern Europe, South America and Africa. As well as building relationships with our customers, we help wider communities through our corporate responsibility programme.
For more information, go to www.ubmlive.com
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