Informa acquires largest boat show operator in US
Informa, the International Exhibitions, Events, Business Intelligence and Academic Publishing Group, announced the agreed acquisition of Yachting Promotions Inc. ("YPI"), the operator of some of the largest yachting and boat shows in the US, for £106m.
The addition of YPI from Active Interest Media (“AIM”), the privately-owned specialist US media group, will combine several major US-based international yachting exhibitions with Informa’s Monaco Yacht Show, the leading event of its kind in Europe. The YPI portfolio includes the Fort Lauderdale International Boat Show, the largest in the world. On completion, the addition of YPI will make Informa’s Global Exhibitions Division the largest contributor to Group revenues and profit, with annual sales of more than £500m. The Division operates a portfolio of about 200 major Exhibition Brands.
YPI is the leading US-based Exhibitions business in the growing International Yachting industry, with five major Exhibition Brands: Fort Lauderdale International Boat Show, Yachts Miami Beach, Palm Beach International Boat Show, Suncoast Boat Show and the St Petersburg Power and Sailboat Show.