Business
Acquisition of Tarsus
Acquisition of Tarsus.
About this update from Informa Plc
[{"type":"text","content":"\n \n \n Click on, or paste the following link into your web browser, to view the associated PDF document.http://www.rns-pdf.londonstockexchange.com/rns/3692S_1-2023-3-8.pdf\n \n \n \n \n \n \n Informa LEI: 5493006VM2LKUPSEDU20 \n \n \n \n \n \n \n Informa PLC\n Press Release\n \n \n 9 March 2023\n \n \n Informa further strengthens leadership in B2B market through acquisition of Tarsus\n \n \n \n Combination enhances InformaÕs presence in growing regions and markets\n \n \n \n Informa (LSE: INF.L), the international Academic Markets, B2B Markets and Digital Services Group today announced the acquisition of B2B Events group, Tarsus for $940M.\n \n \n \n \n \n \n Stephen\n A. Carter\n , Group Chief Executive, Informa, said:\n \n \n ÓWe have long admired the Tarsus business which, like Informa, has been built around major brands in attractive, specialist B2B markets in the growing regions of Asia, China, the Middle East and the Americas.Ó\n \n \n Douglas Emslie\n , Chief Executive, Tarsus added:\n \n \n ÓI am extremely proud of the Tarsus business, our people and our customers. I could not think of a better partner than Informa to lead our brands and colleagues through the next phase of growth and expansion.Ó\n \n \n \n \n \n \n Key Highlights\n \n \n á \n Addition of Tarsus\n \n ...\n \n The combination of Tarsus with InformaÕs Live and On-Demand Events portfolio brings together market-leading brands, exceptional talent and deep customer relationships in a range of attractive B2B markets;\n \n \n á \n Highly complementary portfolios...\n Strong commercial, operational and cultural fit between the two businesses, creating reach and depth in Asia, China, the Middle East and the Americas;\n \n \n á \n Depth in growing B2B markets\n \n ...\n \n Strong portfolio alignment in\n \n Healthcare\n \n (Health Connect Partners),\n \n Beauty & Aesthetics\n \n (A4M, LiVDerm),\n \n Packaging\n \n (Labelexpo),\n \n Infrastructure\n \n (Intertraffic),\n \n Aviation\n \n (Dubai Airshow),\n \n Fashion\n \n (SIUF, OFFPRICE) and\n \n Sustainability\n \n (Intersolar, Mexico WindPower).\n \n \n á \n The Combination Programme\n \n .\n \n ..Integration will minimize disruption and maximise delivery in 2023, a key year of growth and acceleration f...