Northstar Travel Group acquires The Meetings Show

Purchase for £9.25 million includes Business Travel Show and is expected to be complete by end of April.

Image: instagram.com/themeetingsshow
Image: instagram.com/themeetingsshow

Centaur Media Plc has sold The Meetings Show to Northstar Travel Group in a deal which includes the Business Travel Show.

The acquisition means selling Centaur Media Travel and Meetings Limited, which owns the two shows, for around £9.25m.

The Meetings Show is held annually in the UK and attracts around 5,000 MICE industry attendees to Olympia London.

Last October, Centaur’s decided to explore divestment of some of its businesses to "simplify the Group’s structure and to focus management resources on its leading brands," said a statement by Centaur Media.

On the acquisition, Andria Vidler, chief executive of Centaur, commented: "Today’s announcement is another important milestone in Centaur’s ongoing transformation.

"As we focus on building more robust and stronger recurring revenues, we are reducing Group complexity and overheads that will allow us to deliver efficiencies and improve our operating margins.

"Our travel and meetings exhibitions have made a valuable contribution to Centaur over the years, and I would like to take this opportunity to thank the team for their commitment.

"I am pleased that the business is joining Northstar, who recognise its value and whose expertise and understanding of the travel sector will help it to realise its potential."


For more features and breaking news sign up to C&IT Magazine's daily Newstracker.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Cancellations and deferrals: How global agencies are reacting to coronavirus

Cancellations and deferrals: How global agencies are reacting to coronavirus

As IBTM APAC gets postponed, agencies tell C&IT what they are doing to meet the challenges posed by the outbreak.

IBTM APAC 2020 postponed over coronavirus

IBTM APAC 2020 postponed over coronavirus

Organisers have postponed the inaugural IBTM Asia Pacific due to the Coronavirus outbreak.

How are incentive budgets changing in 2020?

How are incentive budgets changing in 2020?

Budgets increases come despite fears over economic uncertainty, according to the State of the Industry 2020: Incentives report.

MGM Resorts takes action over massive data hack

MGM Resorts takes action over massive data hack

More than 10.6million guests have had their data leaked after the cyber attack, according to reports.

APAC planners still 'use manual processes' for most of their tasks

APAC planners still 'use manual processes' for most of their tasks

Australian and New Zealander event planners need a more technology-driven approach, according to new research by Cvent.

DICE launched to improve diversity at conferences and events

DICE launched to improve diversity at conferences and events

New charter aims to eliminate 'manels' and offers guidelines for making events more diverse, on and off stage.

Are experiential food and drink incentives on the rise?

Are experiential food and drink incentives on the rise?

Planners reveal what food and drink experiences clients are increasingly requesting, in the C&IT State of the Industry: Incentives report.

World’s most popular destinations for business travel revealed

World’s most popular destinations for business travel revealed

New research draws on official government flight data to reveal locations most popular with UK business travellers going overseas in the last year.

Top agencies speak out amid warnings the coronavirus response came ‘too late’

Top agencies speak out amid warnings the coronavirus response came ‘too late’

With reports that another key congress may be cancelled, agencies explain how they have been taking stock.

Delta commits $1 billion to become first carbon-neutral airline

Delta commits $1 billion to become first carbon-neutral airline

The airline makes 10-year commitment to mitigate all emissions from March 2020.

LATEST JOBS