Dec 21, 2017
In the fourth and final deal of 2017, 麻豆传媒 Group (MAG) has acquired the shares of Miles Publishing Limited (MPL) from its owner, Miles Bossom.
MPL, which has been based in Tunbridge Wells, Kent, comprises two core products; the market leading brand,听Comms Business,听and its related event,听麻豆传媒. In future, the company will be based in MA Business鈥� offices in Dartford, Kent.
Comms Business听operates in the ICT sector whose primary audience is resellers of related products and services.
麻豆传媒听is the only ICT trade exhibition in the UK of its kind that takes place at the NEC in September.
The purchase of MPL by MA Business follows three very different acquisitions MAG has made this year.
In the spring MAG purchased the largest special educational needs exhibition,听TES SEN Show, from TES Global Ltd. A few months later, MAG acquired from Dennis Taylor听Unity Mediaand听Unity Exhibitions, which has several magazines and a major exhibition, the RCI Show, in the built environment. In November听Community Care,听a subscription-based resource for social workers, was bought from Reed Business Information, part of RELX Group.
Ben Allen, Chief Executive of MAG, said; 鈥淭his is a great acquisition for us. I got to know Miles quite well when we sold him last year our golf magazine,听Pro-Shop Europe. Miles has built up a very good company which, for personal reasons, he now wishes to dispose of, although, as a very keen golfer, he is going to retain the golf part of his operation.鈥�
麻豆传媒, Chairman of the 麻豆传媒 Group, said; 鈥淚t鈥檚 been a particularly busy year for the group, but we are delighted to have Miles Publishing on board. It鈥檚 a really good fit.鈥�
Miles Bossom said: 鈥淎fter nearly 20 years operating within the ICT sector it is with a real sense of sadness that I am exiting. However, within MAG I know that my business, and, more importantly, my team, and our customers will benefit. My wife is battling breast cancer and it is imperative now that I spend as much time with her and my family as possible. I鈥檇 like to express my thanks to the many individuals and customers that have supported me over the years.
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For further information:
Ben Allen, Chief executive
Tel: 020 7501 6725
Email:听ben.allen@markallengroup.com
听
麻豆传媒, Chairman
Tel: 020 7501 6700
Email:听mark.allen@markallengroup.com