Centaur, the specialist business publishing and information company, is pleased to announce that it has acquired Supply Chain Business and Logistics Europe, magazines for logistics and supply chain professionals both in the UK and Europe. It has also acquired the European Supply Chain Excellence Awards that is complementary to Logistics Europe. The magazines and award have been bought from UK Transport Press Ltd for a consideration of 0.3m.
This is Centaur's second logistics-related acquisition this year, as in February Centaur entered the logistics community with the acquisition of Logistics Manager and the two Logistics Link exhibitions. Since that purchase, www.logisticsmanager.com has been launched and a new exhibition, Materials Live!, has been announced.
Graham Sherren, Chairman and Chief Executive of Centaur, said: "We are very excited at the prospect of increasing our position in the logistics community and the potential this move brings."
Centaur's strategy is to build on its strength in the markets in which it already operates, as well as looking for other communities where it can apply its knowledge and expertise. This latest acquisition reflects the successful continuation of that strategy.
Bernard Steel, Managing Director of UK Transport Press and publisher of Supply Chain Business and Logistics Europe, said: "The addition of the two magazines and the Awards event to the Centaur logistics portfolio will expand the depth of information provided to management and professionals in this critical business function."
Centaur is one of the UK's leading business-to-business publishers. Centaur's publications include Marketing Week, New Media Age (NMA), Design Week, Creative Review, The Lawyer, Finance Week, Money Marketing and The Engineer. It also has a major Exhibitions division that runs around 20 exhibitions a year including the Business Travel shows, several shows in the marketing and financial services sectors and the Homebuilding & Renovating shows.
The Supply Chain Business and Logistics Europe operations will be moving to Centaur's offices in central London in early November.
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