27th Mar 2006 07:01
27 March 2006 United Business Media expands events presence in China United Business Media plc today announced that its CMP Asia division hasexpanded its events business in China with the joint acquisition of a majoritystake in the Guangzhou Beauty Fair. The acquisition is being made withBolognaFiere Group, CMP Asia's joint venture partner for its Asian beautyindustry events. CMP Asia and BolognaFiere Group will also launch a new event,Cosmoprof Shanghai, with the first show scheduled for January 2007.The Guangzhou Beauty Fair, formally known as the Guangzhou International Beauty& Cosmetic Import-Export Expo, attracts more than 3,000 exhibitors and 200,000visitors to each show. The Fair has been held since 1989, twice a year since1996, and is the biggest such event in mainland China.CMP Asia and BolognaFiere Group will work with the organisers of the GuangzhouBeauty Fair to promote this all-China event to build the presence ofinternational manufacturers and buyers as both exhibitors and visitors.Both the Guangzhou Beauty Fair and the new Cosmoprof Shanghai event will serveas strong regional extensions of CMP Asia's existing exhibition Cosmoprof Asiawhich it co-owns with the Bolognafiere Group. Held annually in Hong Kong,Cosmoprof Asia is the leading Asia-Pacific international beauty industry event.CMP Asia and Bolognafiere Group are acquiring the majority stake in theGuangzhou Beauty Fair from its owner for $7m. - 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 Catherine Southgate Head of Investor Relations Email [email protected] Direct telephone +44 20 7921 5031 Mobile +44 771 046 8996 Notes to Editors1. Selected UBM events in China * September Hong Kong Jewellery & Watch Fair - www.jewellerynetasia.com/ exhibitions - Asia's largest jewellery fair and one of the top three events of its kind in the world * Asia Pacific Leather Fair - www.aplf.com - the world's most international trade fair for the leather industry * Furniture China - www.cmpsinoexpo.com/furniture - the largest international furniture exhibition in China * Marintec China - www.marintecchina.com - the largest and most important international maritime event in China * Cosmoprof Asia - www.cosmoprof-asia.com - the largest international beauty trade event in the Asia-Pacific region * Food Ingredients Asia - China - http://asiachina2006.fi-events.com/ - Food professionals from around the world gather in Shanghai for a three day business gathering in food ingredients marketing * CPhI China - www.cphi-china.com - the international pharmaceutical industry event held in Shanghai * Hotelex Shanghai - www.cmpsinoexpo.com/hotelex - China's largest trade fair for the travel and hotel industries * ExpoBuild China - www.cmpsinoexpo.com/expobuild - the biggest group of events serving China's construction, building materials and interior fittings industries * International IC-China Conference & Exhibition - www.english.china.iicexpo.com/ - the largest showcase of embedded solutions, IC technologies and EDA & test tools in China 2. About United Business Media plcUnited Business Media is one of the world's leading global business informationcompanies. UBM brings together the world's buyers and sellers, helping theirmarkets work effectively and efficiently through PR Newswire's newsdistribution network and CMP's portfolio of events, print and on-linepublications. For more information, go to www.unitedbusinessmedia.comAbout PR Newswire - PR Newswire is the world's leading corporate newsdistribution service. Headquartered in New York, PR Newswire distributes newsglobally on behalf of over 40,000 customers, including many of the world's topcompanies and agencies, helping them take the latest news to the media, theinvestment community, and the general public. For more information, go to www.prnewswire.comAbout CMP - CMP's portfolio of more than 200 newspapers, magazines anddirectories, 200 websites and 300 events brings together buyers and sellersfrom a range of global sectors including technology, healthcare, the builtenvironment, lifestyle, fashion and ingredients. Our customers come to us fordirect access to their key audiences: business decision-makers.CMP operates globally through four divisions:CMP Media - the USA's leading high tech B2B media company and provider ofhealthcare education and information. For more information, go to www.cmpmedia.comCMP Information: the European magazine and events business, based in the UK.For more information, go to www.cmpinformation.comCMP Asia: a leader in exhibitions and publications in key markets in Asia. Formore information, go to www.cmpasia.comCMPMedica: leading drug information provider, pharmaceutical marketingsolutions including medical information and trade press in Europe and Asia. Formore information, go to www.cmpmedica.com ENDUNITED BUSINESS MEDIA PLCRelated Shares:
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