Emap Communications today announced the acquisition of ABI Building Data (ABI) from ICW Publications for £14 million.
ABI, who was part of the Springer Science and Business Media group, generated £5 million revenue and £1 million profit in 2003 and is a leading provider of construction sales and marketing information services in the UK.
This acquisition, together with the 50% acquisition of the UK’s leading construction exhibition, Interbuild, will strengthen Emap Communications’ position in sales and marketing for the UK construction sector.
Derek Carter, chief executive of Emap Communications said: “Growth at ABI has been strong for a number of years and we are confident we can do much to build on the great work of the existing management.”
Related Links
