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Market: LSE
Sector: Media & Publishing
EPIC: UBM
Latest Price: 532.00p  (0.66% Ascending)
52-week High: 643.50p
52-week Low: 406.70p
Market Cap: 1,302.36M
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United Business Media
www.unitedbusinessmedia.com
United Business Media Limited is a global business media company. It is engaged in distributing of news and information from global companies, organizations and agencies. It serves professional and commercial communities of buyers and sellers with media products that integrate events, online, print and business information. Its segments include News Distribution, CMP Asia, CMP Information, CMP Technology, CMPMedica and Commonwealth Business Media. The News Distribution segment operates in the distribution, targeting and evaluation of company information. CMP Asia, CMP Information, CMP Technology, CMPMedica and Commonwealth Business Media produces and provides magazines, trade press, directories, business information, events and Websites. On February 26, 2008, it acquired AeroStrategy’s aviation data business. On February 21, 2008, it acquired Vision Events. In August 2008, it acquired Pyramid Research. In December 2008, it acquired Sanguine Microelectronics.
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UBM buys Shanghai children/maternity Expo for up to US$16.1 mln

30th Jul 2010, 7:27 am UBM buys Shanghai children/maternity Expo for up to US$16.1 mln

United Business Media Ltd (LON:UBM) said it has acquired the Shanghai International Children-Baby-Maternity Products Expo (CBME) and related businesses on behalf of its UBM Asia division for up to US$16.1 million.

It is paying US$9.7 million cash on completion and a further performance-related up to US$6.4 million over the next two years.

Launched in 2001, this annual exhibition is aimed at international and domestic manufacturers and distributors of child and baby products for the Chinese market.

This year's show took place from 22 to 24 July, hosting over 850 exhibitors in 69,000 square metres of gross exhibition space. Attendees included retailers, agents, distributors, purchasing agents, investors and media agencies.

In addition to the main business-to-business tradeshow, UBM is also acquiring two smaller complementary business-to-consumer child and baby products fairs in Guangzhou and Beijing. The acquisition also includes Fashion Baby, a Chinese consumer title with a readership of 400,000. The magazine's website has over 75,000 registered users and generates more than 3.6 million page views per month.

The acquired business employs 59 staff at its Hangzhou office and is expected to generate approximately US$6.5 million in revenue this year. This market represents an attractive sector for UBM, with strong growth potential underpinned by current economic and demographic trends.

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