7 June 2011
ACQUISITIONS ESTABLISH INFORMA AS A LEADING ORGANISER OF TRADE EXHIBITIONS IN BRAZIL
Informa plc, the world's largest publically owned organiser of exhibitions, conferences and training events, has today announced two strategic acquisitions in Brazil.
Informa has acquired Brasil Trade Shows Partners ParticipacoesS.A. (BTS). BTS is a leading organiser of trade shows in the Food & Beverage Services, Furniture Manufacturing and Franchising sectors, with leading brands including Fispal, ABF and ForMobile. BTS has been acquired from DLJ South American Partners LP.
In addition, Informa has acquired Ibratexpo Feiras e Eventos Ltda which includes Serigrafia, the largest sign, screen and digital imaging show in South America from the Alatzatianou family.
The combined maximum cash consideration payable is BRL 210m (£81m). Informa expects these acquisitions to be earnings enhancing in 2011 and to enhance the Group's return on capital in 2012.
These acquisitions will further strengthen Informa's global exhibition operations. Serigrafia enhances Informa's leading position in the print sector alongside IPEX, one of the world's largest print related exhibitions. BTS provides a platform for growth in South America and strengthens Informa's experience in the strategically important food sector. Furthermore, the strength of its brands will provide Informa with attractive geo-cloning opportunities.
Commenting on the acquisitions Peter Rigby, Chief Executive, of Informa said:
"These acquisitions are consistent with two of our strategic goals; growing our trade show business and expanding our presence in emerging markets. BTS is an exceptionally well-managed trade show organiser with an enviable reputation in one of the world's most dynamic and fast growing regions. Serigrafia provides the perfect platform on which to expand our print portfolio in the emerging markets. We are delighted that the senior management team of BTS and the founders of Serigrafia are joining the Group on acquisition."
Enquiries:
Adam Walker, Finance Director James Gareh, Investor Relations | +41 41 444 1343 +44 7834 192 961 |
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Financial Dynamics Charles Palmer |
+44 20 7831 3113 |
Notes to Editors:
About Informa
Bringing Knowledge to Life - Businesses, professionals and academics worldwide turn to Informa for unparalleled knowledge, up-to-the minute information and highly specialist skills and services. Our ability to deliver high quality knowledge and services through multiple media channels, in dynamic and rapidly changing environments, makes our offer unique and extremely valuable to individuals and organisations.
About Brazil Trade Shows
Brazil Trade Shows, headquartered in Sao Paulo, owns and operates a portfolio of 12 annual and biennial trade events in Brazil with a 26 year history of operations. Brazil Trade Shows occupy over 250,000 sqms of exhibitor space annually for some 2,500 exhibitors and welcome more than 140,000 visitors. The gross assets of the company at the last balance sheet date are BRL 71m (£28m).
About Serigrafia
Serigrafia, Sign and FutureTEXTIL are the leading trade fairs in The Americas region serving the Screen printing and Wide Format, Digital Printing, Signage and Garment and Textile industries as well as the related magazines Sign and Silk Screen. The founders of Serigrafia are continuing their involvement in the business within Informa. The gross assets of the business at the last balance sheet date are BRL 5m (£2m).
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