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Media group buys Exposure Events UK

By Mark Dunne on February 08 2008

United Business Media has bought Exposure Events UK, an exhibition business that focuses on the building and refurbishment of new secondary schools, for an initial £600,000 in cash.The agreement includes a performance-related consideration of up to £1.9 million to be paid in the next two years.

The company was acquired for United Business Media’s European magazine and events business, CMPi. Exposure Events’ Building Schools Exhibition and Conference was launched in Harrogate in 2006 to target local authorities, construction companies and consultants involved in the rebuilding and renewal of secondary schools.

In 2007, the event attracted more than 100 exhibitors and some 500 paying attendees and this year it relocates to Manchester.

CMPi’s chief executive, Gary Hughes, says the event fits CMPi’s product portfolio and establishes a presence for the business in the North West, where significant regeneration and redevelopment is anticipated in the coming years.

United Business Media provides commercial information through its print, online and event operations. It has 5,000 staff in more than 30 countries and made an operating profit in 2006 of £137 million from turnover of £740 million.

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