10th Oct 2007 07:00
United Business Media acquires Energy Solutions Expo for ‚£1m
Adds energy supply and management event to complement CMPi's existing "Working
Buildings" event portfolio
United Business Media Plc today announces that CMP Information, UBM's UK-based business information division, has acquired Energy Events UK Ltd, owners of the Energy Solutions Expo event (www.energy-expo.info), for a cash consideration of ‚£1m.
Energy Solutions Expo is the UK's leading event focusing on the commercial energy supply and management sector. The event is co-located with two other CMP Information "Working Buildings" events (Mechanical & Electrical (www.buildingservicesevent.co.uk) and Total Workplace Management (www.twmexpo.com)).
The acquisition is anticipated to meet UBM's 8% post-tax cost of capital acquisition criterion in its first full year of ownership.
- 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 Email [email protected] Direct telephone +44 20 7921 5095 Nigel Wilson +44 20 7921 5019 Andrew Crow +44 20 7921 5940 Notes to Editors
1. About United Business Media Plc
United Business Media 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 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 dealers, from farmers to pharmacists around the world. Our 5,000 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.unitedbusinessmedia.com.
UNITED BUSINESS MEDIA PLCRelated Shares:
UBM