London – dmg world media announced that it has acquired the Bathrooms & Kitchens portfolio of Quantum Business Media Ltd. Four products comprise this portfolio: the Bathrooms & Kitchens Expo; Bathrooms & Kitchens Magazine; Bathrooms & Kitchens Directory (annual); and Bathrooms & Kitchens Industry Awards. dmg’s office in Harrow, UK will manage this business. dmg world media has been on a buying spree over the last year, acquiring both consumer home and garden shows and B2B industry shows at the brisk pace of roughly one business every 60 days.
Since last October, the international exhibition and publishing company has acquired three home and garden shows from Palm Beach-based Florida State Trade Shows Inc.; the San Diego Interior Design & Landscape Expo from Key West-based Seascape Productions; and AD:TECH from Trumbull, CT-based JD Events in January.
“We’re always looking to grow our business,” said Ben Brougham, Business Development Director for dmg world media in San Francisco. Brougham said the company “picked up the pace” of acquisitions last year when the mergers and acquisitions market began to rebound.
“There were definitely more (shows) on the market last year,” he said. “And we have the desire to grow in our existing sectors and seek out opportunities in new sectors.” He said the company now has more than 50 home and garden shows in North America.
dmg world media also added to its U.K. portfolio, picking up Gastech and the European Autumn Gas Conference from Surrey-based Turret RAI plc last November. dmg world media took over management of those shows at the completion of Gastech 2005, held in March.
dmg world media’s oldest exhibition, the Daily Mail Ideal Home Show, was first held almost a century ago in London in 1908. The company now organizes more than 300 shows throughout the world in the key sectors of art and antiques; home and garden; gifts; sports and leisure; industry and technology; and hospitality. The company is a wholly owned subsidiary of London-based Daily Mail General Trust plc and employs about 800 people. dmg world media posted 2004 revenue of 160.6 million British pounds (about $298.5 million, as at the financial year end).
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