ITE continues to develop its transport portfolio with the acquisition of Breakbulk exhibitions and media, the brand that specialises is logistics intelligence.
The acquisition includes trade exhibitions, congresses, workshops, print media and digital media. These serve logistics executives in heavy-lift industries such as mining, infrastructure, construction and energy.
There are presently six trade events held worldwide that enable key professionals to develop future strategies, discuss industry trends, develop business opportunities and strengthen commercial relationships. The events take place in Houston, Antwerp, Shanghai, Johannesburg, Istanbul and Sao Paulo. A new event serving the Middle East is scheduled for later in 2015.
Commenting on the acquisition, ITE's Transport & Logistics Industry Director, Laurent Noel, said. "This acquisition significantly increases our presence in the global transport and logistics sector. We have ambitions to expand in markets and geographies with growth potential as well as diversify the geo-political risk in our portfolio. This deal means that we now have sixteen events in fourteen countries across four continents.
"I am also delighted that the Breakbulk management team, including Managing Director Alli McIntyre will be staying with the business. I'm looking forward to working with her to further develop the series of events and complementary media."