UK-based exhibition organiser Mark Allen Group (MAG) has acquired the Road portfolio from B2B media and events company DVV Media International, strengthening its position in the road transport publishing and events market.
The acquisition includes several well-known industry brands: Commercial Motor, Motor Transport: Transport News, and the Road Transport Expo (RTX) exhibition series. As part of the deal, the portfolio’s existing team will transfer to MAG, led by Vic Bunby, Divisional Managing Director; Emma Tyrer, Sales Director; and Will Shiers, Editorial Director.
Andy Salter, Managing Director of DVV Media International, will continue to support the business in a consultancy role following the transaction.
Commenting on the sale, Salter said DVV Media International is “proud of what the Road portfolio has achieved and the value it brings to the road transport community,” adding that Mark Allen Group is “an excellent home for this business, with the focus and resources to support its continued growth.”
MAG chairman Mark Allen said the acquisition brings “highly respected brands with loyal audiences and a strong position in the road transport market.” He added that MAG sees “significant potential to develop the products further, strengthen their digital and events proposition, and continue delivering outstanding value to the industry.”
DVV Media International was advised on the transaction by Collingwood, while legal counsel for Mark Allen Group was led by Trethowans. Financial terms of the deal were not disclosed.
Further DVV Media International Divestments
In a separate announcement, DVV Media International confirmed the sale of its Flight, Heavy Lift, Air Cargo Media, Rail, and HR portfolio of brands to ProMedia Group UK Ltd. ProMedia is a Dutch-based specialist B2B publisher focused on transport, logistics, mobility, and workplace and HR markets.
