EXHIBITION NEWS July 2017 - Page 10

NEWS THE MONTH IN NUMBERS 130,212 visitors for MCM London Comic Con 18 new exhibitions for Ricoh Arena 7,000 visitors for Accountex 50,000 event milestone for Slido 10 £150m potential investment for Lord’s 2 sporting contract wins for Penny Banks Quote/ Unquote “ Sometimes we have to be a bit open-minded in business ” Lee Newton, CEO, Media 10, on the organiser’s purchase of a pub July 2017 | exhibitionnews.co.uk A Greener Festival expands to assess events, venues and arenas The team behind the Greener Festival Award have launched the Greener Event Award, as part of an expansion of services to the broader events industry, conferences, venues and sport. The first of its kind, the award involves independent site assessment, verification and certification of environmental actions at events and venues. Participants in the awards receive tailored recommendations to make improvements year on year. “There are very tangible opportunities for events and venues to save resources and money through actions that benefit the environment. There is an expressed interest Ascential sells remaining heritage brands and now overwhelming response that events want to find and act on these opportunities and share best practice. That is where we can help,” commented Claire O’Neill, co founder of A Greener Festival. Duncan Siegle, portfolio director at Mash Media, said: “Green issues are at a crucial stage in the events sector so it’s great to see AGF enter into the conference and exhibition markets. Given Mash Media’s position as the leading publisher for these markets, as well as the organiser of key industry shows Confex and EPS, it is essential for us to embrace this, help promote it to the industries and work on improving our own green credentials.” Ascential, organiser of events such as Bett and Autumn Fair, has announced the sale of its remaining 11 UK-based heritage brands. The brands, which include publications Drapers, Nursing Times, Construction News and Materials Recycling World, have been sold to Metropolis International Ltd for a sum of £23.5m, payable in cash and subject to normal working capital adjustments. The proceeds of the sale will be used to reduce the company’s net debt. On 5 January 2017 Ascential announced that it had separated 13 heritage brands into a new operating identity, which would develop an independent business strategy while new owners were sought. Earlier in the year, Health Service Journal was sold to Wilmington for £19m, and following the sale to Metropolis of 11 brands the sale process for the one remaining brand – Meed – continues. Duncan Painter, CEO, Ascential, commented: “Ascential’s strategy is to focus on its top performing brands to drive sustainable organic growth. This sale concludes the process to secure the future of the UK Heritage Brands.”