Company:Informa

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Short description: UK-based publishing and conference company


Informa plc
TypePublic limited company
LSE: [Script error: No such module "Stock tickers/LSE". INF]
FTSE 100 Component
IndustryPublishing, business intelligence, global exhibitions, Events
Predecessors
  • Penton (1904–2017)
  • UBM plc (1918–2018)
FoundedDecember 1998
HeadquartersLondon, England, UK
Number of locations
150 offices
Area served
43+ countries worldwide
ServicesSpecialist information, scholarly research, electronic publishing, event management, exhibitions, business intelligence
RevenueIncrease £2,262.4 million (2022)[1]
Increase £496.3 million (2022)[1]
Increase £1,635.3 million (2022)[1]
Number of employees
10,000 (2023)[2]
DivisionsInforma Connect, Informa Markets, Informa Tech, Taylor & Francis
Websiteinforma.com

Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

It has offices in 43 countries and around 11,000 employees. Informa owns numerous brands including CRC Press, Fan Expo HQ, Game Developers Conference, Routledge, and Taylor & Francis.

Informa acquired UBM in June 2018 as part of its strategy to expand in North America and Asia.[3][4]

History

Informa itself was created in 1998 by the merger of IBC Group plc and LLP Group plc.[5] Since then Informa has expanded considerably, including a 2004 merger with the publishing company Taylor & Francis and a 2005 acquisition of IIR Holdings, a human capital development company, for £768 million.[6][7] In October 2006, the company was approached by Springer Science and Business Media in a takeover bid,[8] but in early November the Informa board rejected the 630p per share offer as too low.[9]

In early 2007, chairman Richard Hooper announced his retirement in May and, after consulting with major shareholders, the company moved chief executive Peter Rigby to chairman, and managing director David Gilbertson to Rigby's former post. Informa explained Rigby's move by the need to maintain management stability, although it generated some controversy because it did not follow the advice of the UK's Combined Code on Corporate Governance.[6][10]

On 8 June 2008, The Sunday Telegraph revealed that United Business Media (UBM) had proposed a merger with Informa to create a media group worth over £3 billion.[11] The talks were confirmed by Informa in a press release that same day, but described as "preliminary".[12][13] Previously on 13 May The Times had reported that the Carlyle Group and Apax Partners were considering bidding for the company.[14] On 17 June talks with UBM ended because of the rapid rise in Informa's stock price after the public disclosure of the potential merger.[15] On 26 June a private equity consortium consisting of Providence Equity Partners, the Carlyle Group and Hellman & Friedman proposed a takeover bid offering 506 pence per share.[16]

In May 2009 the company announced that it would restructure its business to be incorporated in Jersey but tax resident in Switzerland.[17]

The discontinued domain Informaworld provided subscribers with more than half a million journal articles and 13,000 e-books from all its imprints.[18] In June 2011 the journals and e-books transferred to a new website, Taylor & Francis Online. Abstracting and indexing databases and bibliographic databases were to move from Informaworld to Taylor & Francis Online at a later date.[19]

In July 2013, the company announced that Peter Rigby would retire at the end of 2013 to be replaced as CEO by Stephen Carter.[20] Also in 2013, Informa acquired the Canadian company Hobby Star Marketing, who ran the Fan Expo Canada and Toronto Comicon comic book conventions. Informa has since acquired other conventions and placed them under the auspices of their Fan Expo HQ brand, including Dallas Comic Con and MegaCon.[21][22][23]

In December 2013, Informa acquired the assets of Elsevier Business Intelligence (EBI) from Reed Elsevier. The EBI business unit includes such publications as The Pink Sheet, The Gray Sheet, IN VIVO, Start-Up, and the Strategic Transactions database along with a series of notable conferences. The EBI assets combined with Scrip, Datamonitor and several other publications formed the newly created Pharma Intelligence division of Informa Business Information.[24]

In January 2014, Carter became CEO of Informa plc.[25] In September 2017, Informa announced that it would be acquiring Dove Medical Press.[26]

In January 2018, Informa announced its intent to acquire UBM plc.[27] The transaction was completed in June 2018.[28]

In 2019, Informa sold the former UBM Life Sciences to MJH Associates.[29] Later in 2019, Informa traded it Agriculture Intelligence unit to IHS Markit in exchange for most of IHS Markit's Technology, Media and Telecoms division.[30] Also in 2019, Informa sold the former Penton design & engineering, manufacturing, energy, buildings, and commercial vehicle divisions, and the former UBM Automotive, to Endeavor Business Media.[31]

In February 2020, Informa launched Omdia by consolidating its portfolio of market analyst companies, Ovum Ltd, Heavy Reading, Tractica, and the majority of IHS Markit's technology, media and telecommunications research business, into a unified brand. The combined research offering includes more than 400 analysts and consultants covering 150 technology markets. Collectively, Omdia issues over 3,000 research reports annually.[32]

In February 2022, Informa sold its Informa Pharma Intelligence unit to investment fund, Warburg Pincus for $2.6 billion.[33]

Previous logo

It also sold Lloyd's List and EPFR to Montagu Private Equity in 2022.[34]

In March 2023, in a cash and shares deal, Informa acquired the Irish Tarsus Group from Charterhouse Capital Partners for a reported GBP 790m.[35][36][37]

Operations

Informa is organized into four operating divisions: Informa Connect, Informa Markets, Informa Tech, and Taylor & Francis.[38]

In June 2021, John Rishton was appointed as chairman, replacing Derek Mapp.[39]

Brands

Informa owns numerous brands including CRC Press, Fan Expo HQ, Game Developers Conference, Routledge, and Taylor & Francis. Retired and consolidated brands include Institute for International Research, Ovum Ltd, Penton, The Public Ledger, and UBM.

Informa Connect

  • The Bride Show
  • Fan Expo
  • Calgary Comic and Entertainment Expo
  • Edmonton Comic and Entertainment Expo
  • Fan Expo Boston
  • Fan Expo Canada (Toronto)
  • Toronto Comicon
  • Fan Expo Chicago
  • Fan Expo Cleveland
  • Fan Expo Dallas
  • Dallas Fan Festival
  • Fan Expo Denver
  • Fan Expo New Orleans
  • Fan Expo San Francisco
  • Fan Expo St. Louis
  • Fan Expo Philadelphia
  • Fan Expo Portland
  • Fan Expo Vancouver[40]
  • MegaCon
  • HRSE
  • Lloyd's Maritime Academy
  • MedTech Summit
  • Middle East Film and Comic Con
  • Nation's Restaurant News
  • TMRE

Informa Markets

  • Arab Health
  • Aviation Week Network
  • CAPA - Centre for Aviation
  • Coterie
  • Farm Progress
  • Fort Lauderdale International Boat Show
  • Inside Self Storage[41]
  • Magic
  • Monaco Yacht Show
  • Project
  • Qualifi
  • Routes
  • World of Concrete

Informa Tech

Taylor & Francis

References

  1. ↑ 1.0 1.1 1.2 "Preliminary Results 2022". Informa. https://www.informa.com/globalassets/documents/investor-relations/2023/informa-2022-full-year-results-statement.pdf. 
  2. ↑ "About us". Informa. https://www.informa.com/about-us/. 
  3. ↑ Fildes, Nic (15 September 2016). "Informa acquires US events and publishing rival for £1.2bn". Financial Times (FT). https://www.ft.com/content/d4cf7b1e-7b40-11e6-ae24-f193b105145e. 
  4. ↑ Nilsson, Patricia (7 March 2019). "Informa sales climb after £4bn UBM takeover". Financial Times (FT). https://www.ft.com/content/7abbdc02-40b5-11e9-9bee-efab61506f44. 
  5. ↑ "LLP links with IBC in pounds 300m business group" (in en). 1998-11-20. https://www.independent.co.uk/news/business/llp-links-with-ibc-in-pounds-300m-business-group-1186117.html. 
  6. ↑ 6.0 6.1 "ROUNDUP Informa names new chairman, CEO after FY profits soar". Forbes. 14 March 2007. https://www.forbes.com/markets/feeds/afx/2007/03/14/afx3514841.html. [|permanent dead link|dead link}}]
  7. ↑ "T&F Informa buys conferences group Institute for International Research for 768 mln stg". Forbes. 1 June 2007. https://www.forbes.com/home/feeds/afx/2005/06/01/afx2068249.html. 
  8. ↑ Kundnani, Hans (19 October 2006). "Springer Science & Business Media launches bid for Informa". The Guardian (London). https://www.theguardian.com/business/2006/oct/19/privateequity.pressandpublishing. 
  9. ↑ "Informa rejects Springer bid". AFX News Limited. 3 November 2006. https://www.forbes.com/business/feeds/afx/2006/11/03/afx3144026.html. [|permanent dead link|dead link}}]
  10. ↑ "Informa unveils new CEO, chairman as 2006 results top forecasts". Forbes. 14 March 2006. https://www.forbes.com/markets/feeds/afx/2007/03/14/afx3514395.html. [|permanent dead link|dead link}}]
  11. ↑ Harrington, Ben; Kleinman, Mark (8 June 2008). "Media giants United Business Media and Informa open talks on £3bn merger". The Sunday Telegraph (London). https://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/06/08/cnubm108.xml. 
  12. ↑ "Statement Regarding Press Speculation". Informa. 8 June 2008. https://www.informa.com/about/Press_Releases/2008/statement_regarding_press_speculation/statement_regarding_press_speculation2. [yes|permanent dead link|dead link}}]
  13. ↑ "UBM and Informa confirm merger talks". The Guardian (London). 9 June 2008. https://www.theguardian.com/media/2008/jun/09/mediabusiness.unitedbusinessmedia?INTCMP=SRCH. 
  14. ↑ Andrews, Amanda; Kennedy, Siobhan (13 May 2008). "Informa garners attention of private equity". The Times (London). https://business.timesonline.co.uk/tol/business/industry_sectors/media/article3919555.ece. 
  15. ↑ Arnott, Sarah (18 June 2008). "Cash approach for Informa as merger talks end with UBM". The Independent (London). https://www.independent.co.uk/news/business/news/cash-approach-for-informa-as-merger-talks-end-with-ubm-849295.html. 
  16. ↑ Thiel, Simon; Sabine Pirone (2 July 2008). "Informa Rises on $4.29 Billion Private-Equity Offer". Bloomberg. https://www.bloomberg.com/apps/news?pid=20601102&sid=aSRNcFwXy3qw&refer=uk. 
  17. ↑ Kollewe, Julia (1 May 2009). "Publishing firm Informa blames budget for tax switch". The Guardian (London). https://www.theguardian.com/business/2009/may/01/informa-budget-tax-switch. 
  18. ↑ Griffin, Daniel (December 2006). "Single vision of the world at Informa". Information World Review (230): 2. 
  19. ↑ "Taylor & Francis Online – FAQs". Taylor & Francis Group. 2011. https://resources.tandfonline.com/documents/library-faqs.pdf. 
  20. ↑ "Informa announces retirement of Peter Rigby and appointment of Stephen Carter". 10 July 2013. https://www.informa.com/Media-centre/Press-releases--news/Latest-News/Informa-announces-retirement-of-Peter-Rigby-and-appointment-of-Stephen-Carter-as-Chief-Executive. 
  21. ↑ "Dallas Comic Con Gets a New Owner and Home". 18 February 2014. https://www.dallasobserver.com/arts/dallas-comic-con-gets-a-new-owner-and-home-7082192. 
  22. ↑ Dineen, Caitlin (7 April 2015). "Orlando's MegaCon sold to Informa". Orlando Sentinel. https://www.orlandosentinel.com/business/tourism/tourism-central-florida-blog/os-orlando-megacon-sold-to-informa-20150407-post.html. 
  23. ↑ Mantei, Shelley (9 April 2015). "Informa Exhibitions Expands Pop Culture Convention Portfolio With MegaCon Orlando" (PDF) (Press release). Orlando, Florida: FAN EXPO HQ. Archived (PDF) from the original on 4 March 2016. Retrieved 9 April 2015.
  24. ↑ "Informa Acquires Elsevier Business Intelligence". 9 December 2013. https://newsbreaks.infotoday.com/NewsBreaks/Informa-Acquires-Elsevier-Business-Intelligence-93697.asp. 
  25. ↑ "Informa Confirms Stephen Carter To Be CEO, Effective Jan. 1 – Update". RTT News. 31 December 2013. https://www.rttnews.com/2245312/informa-confirms-stephen-carter-to-be-ceo-effective-jan-1-update.aspx. 
  26. ↑ "Informa acquires Dove Medical Press, AA appoints Simon Breakwell as permanent chief executive". BOLSAMANIA. https://www.digitallook.com/news/market-live-email/informa-acquires-dove-medical-press-aa-appoints-simon-breakwell-as-permanent-chief-executive--2877690.html. 
  27. ↑ Garrahan, Matthew; Pfeifer, Sylvia (16 January 2018). "Informa to buy exhibitions rival UBM for £4bn". Financial Times. https://www.ft.com/content/e22e79fe-fb96-11e7-a492-2c9be7f3120a. 
  28. ↑ "Informa's takeover of peer UBM effective after court sanction". Alliance News. 15 June 2018. https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1529077402234106100.html. 
  29. ↑ "Informa Sells UBM Life Sciences Media Brands to MJH Associates for $100 Million". Folio. 2019-02-01. https://www.foliomag.com/informa-sells-ubm-life-sciences-media-brands-to-mjh-associates-for-100-million/. 
  30. ↑ "IHS Markit swaps group that researches optical communications for Informa's agribusiness unit". Lightwave. 2019-05-24. https://www.lightwaveonline.com/business/market-research/article/14033814/ihs-markit-swaps-group-that-researches-optical-communications-for-informas-agribusiness-unit. 
  31. ↑ "Endeavor Business Media Acquires More Than 20 B2B Titles from Informa Plc". Folio. 2019-11-11. https://www.foliomag.com/endeavor-acquires-two-dozen-infrastructure-transportation-brands-informa/. 
  32. ↑ "Informa Tech launches "research powerhouse" Omdia". Digital TV. 10 February 2020. https://www.digitaltveurope.com/2020/02/10/informa-tech-launches-research-powerhouse-omdia/. 
  33. ↑ "Informa sells Informa Intelligence business unit". Reuters (London). 10 Feb 2022. https://www.reuters.com/business/healthcare-pharmaceuticals/informa-sells-pharma-intelligence-unit-warburg-pincus-26-bln-2022-02-10/. 
  34. ↑ "Informa sells Lloyd's List for £385m as B2B giant sees revenue bounce back". Press Gazette. 5 August 2022. https://pressgazette.co.uk/inform-sells-lloyds-list/. 
  35. ↑ "Charterhouse exits Tarsus to Informa for GBP 790m EV | Unquote" (in en). 2023-03-09. https://www.unquote.com/uk/official-record/3028837/charterhouse-exits-tarsus-to-informa-for-gbp-790m-ev. 
  36. ↑ "Informa Acquires Tarsus Group in $940 Million Mega Deal" (in en). https://www.tsnn.com/news/informa-acquires-tarsus-group-940-million-mega-deal. 
  37. ↑ "Informa acquires Tarsus in $940m deal" (in en). https://www.exhibitionworld.co.uk/informa-acquires-tarsus-in-940m-deal. 
  38. ↑ "Divisions - Informa PLC". https://www.informa.com/divisions/. 
  39. ↑ "John Rishton". https://www.informa.com/about-us/board-of-directors/john-rishton/. 
  40. ↑ "Everything you need to check out at FAN EXPO Vancouver 2022 | Listed" (in en). https://dailyhive.com/vancouver/what-to-check-out-fan-expo-vancouver-2022. 
  41. ↑ "Inside Self-Storage World Expo, Las Vegas, July 13–16, 2021". https://www.issworldexpo.com/en/home.html. 
  42. ↑ "About" (in en). Industry Dive. https://www.industrydive.com/who-we-are/about. 

External links



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