Northstar Travel Group has
entered into a definitive agreement to acquire Centaur Media
Travel and Meetings Limited (CTM), the owner of well-known
exhibitions and events serving the travel industry including the
Business Travel Show, The Meetings Show and Travel Technology
Europe, from Centaur Media PLC.
The transaction is expected to
close at the end of April.
“The addition of Centaur’s
Travel & Meetings exhibitions to our global portfolio of 80 events
in 13 countries fits perfectly with our strategy to expand our
event segment with the UK’s leading portfolio of travel shows,”
said Thomas Kemp, Chairman & CEO of Northstar Travel Group. “The
acquisition also provides Northstar with a platform in London to
expand our portfolio of travel information and marketing services
properties in the UK and Europe. We are excited to
add Dave Chapple and his team of travel event professionals to the
Northstar team.”
The CTM portfolio includes the
following brands:
• The Business Travel Show: one of Europe’s
largest corporate travel events with more than 9,000 attendees
including 220 exhibiting companies and 500 hosted corporate travel
buyers produced for 25 years in London.
• The Meetings
Show: One of the UK’s leading in-bound and out-bound events for global
meeting planners bringing corporate and association events to the
UK, or UK-based corporate and association planners looking to
take events to Europe and globally. The event brings together
approximately 5,000 attendees including 640 exhibitors and
approximately 1,000 hosted meeting buyers with 10,000
appointments.
• Travel Technology Europe: For 17 years,
Travel Technology Europe has been bringing together buyers of
technology solutions for the travel industry with innovative
companies selling software and services to the travel industry.
Approximately 6,500 attendees including 300 VIP travel technology
buyers participate in Travel Technology Europe each year.
“The CTM portfolio is a perfect strategic fit with Northstar’s
core information and marketing services brands serving these B2B
travel segments,” said Bob Sullivan, president of Northstar’s
Travel Group. “We will be able to leverage our content, our
databases and our industry relationships to expand and grow these
events.”
The entire CTM team is expected to join Northstar
at the close.
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