This Just In
  • The Meetings Mean Business Coalition (MMBC) relaunched its Worth Meeting About campaign to highlight the value of face-to-face meetings.
  • The campaign will crowdsource stories & testimonials on social media to develop a set of case studies and to create an online conversation.
  • Cobo Center will host the North American International Auto Show through 2025, after the show signed a new 8-year deal with Cobo in July.
  • SMG, which manages Cobo, signed its first agreement with the auto show in 2012. The NAIAS annually draws more than 800,000 attendees.
  • Effective Aug 1, 2017, the San Diego Convention Center (SDCC) will transition to ESCA's Worker Identification System (WIS) Badge.
  • The change takes full effect in Jan 1, 2018. Show workers will be required to carry a WIS badge or the credential issued by the SDCC.
  • The Consumer Technology Association, organizers of the annual CES show, was named one of Washington’s Top Workplaces by the Washington Post.
  • The CTA has made the prestigious list for four consecutive years. The rankings are based on employee responses about workplace culture.
  • Comexposium has launched a joint venture with Indonesia’s Amara Group. The partnership includes running the GIIAS auto show in Jakarta.
  • The partnership plans to increase international attendance at GIIAS and launch a new expo for Indonesia’s bus-and-truck market.

Informa Acquires Florida Yacht Shows from Yachting Promotions Inc.

Hil Anderson
, Senior Editor
March 2, 2017
Share On:

London – Informa Exhibitions added five yacht shows to its growing maritime portfolio by acquiring Yachting Promotions Inc. (YPI) from Active Interest Media (AIM) for $133 million.

The transaction announced on March 2 not only increased its fleet of such in-water boat shows, it also turned Informa into the largest yacht show organizer in the world, the company said.

“The acquisition will further strengthen Informa Exhibitions’ relationship with leading yacht brokers and builders, providing good opportunities for cross promotion and extending customer relationships across platforms and geographies,” said Charlie McCurdy, CEO of Informa Exhibitions.

The acquisition was made in the wake of Informa’s $1.56 million blockbuster deal for Penton.

Informa already owns Europe’s glamourous Monaco Yacht Show, the world’s leading event dedicated to the superyacht industry. The flagship of the YPI shows is the Fort Lauderdale International Boat Show, the largest such show in the world. The annual November event draws around 100,000 attendees, 1,300 exhibitors and includes more than 1,200 boats displayed on the water. The 58th edition of the show takes place November 2-6, 2017.

The acquisition also netted Informa the Palm Beach International Boat Show, Yachts Miami Beach, the St. Petersburg Power and Sailboat Show and Suncoast Boat Show in Sarasota.

“Combining the world’s premiere show, based in Europe, with these five shows in North America creates a scale player in this attractive and growing vertical, further strengthening our relationship with leading yacht brokers and builders, providing good opportunities for cross promotion and extending customer relationships across platforms and geographies,” said McCurdy.

Efrem “Skip” Zimbalist III, Chairman of AIM, will advise Informa in the transition, and the rest of the YPI team will continue with the company as it moves forward. “We can think of no better company than Informa Exhibitions, with its global resources, to focus on the continued growth and success of these excellent boat shows while continuing to exceed the expectations of their exhibitors and attendees,” said Zimbalist.

Reach Charlie McCurdy at +44 (0) 20 7017 5000 or charlie.mccurdy@informa.com and Efrem “Skip” Zimbalist III at (310) 356-4135 or ezimbalist@aimmedia.com

 

Share On: