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page 48 7UBM buys Ecobuild organiserUBM has acquired International Business Events, owner of the Ecobuild exhibition business, from its private owners for up to £51m. The international organiser made an initial cash payment of £31m, with a further £20m payable over the next 12 months depending on performance. The acquisition was made on behalf of UBM's Built Environment division. According to the organiser, Ecobuild generated revenues of £9.4m in 2011 with a compound annual growth rate of 54 per cent since 2007, making it the world's largest exhibition dedicated to sustainable building products. UBM will launch a new version of Ecobuild in Shanghai in April 2012, running alongside the company's existing show Expobuild. The next UK edition is in March at Excel London. "Ecobuild is a great show that complements our other businesses in the UK built environment sector such as Building and Property Week," said UBM CEO David Levin. "We expect to double the size of Ecobuild over the next four years and we see clear opportunities to develop Ecobuild events in new geographies, taking advantage of our worldwide events infrastructure and our existing events portfolio, particularly in emerging markets such as China, Brazil, India and the UAE." The announcement comes as UBM reports its interim results, wherein underlying company revenues grew just over six per cent. UBM reported revenue of £474m for the first half of its financial year, a growth of almost £40m year-on-year. The bulk came from the events sector, which saw a surge in revenue of £38.4m. "Our outlook for the full year has improved modestly since we now expect our events business to outperform the guidance we gave in March," Levin said.Earls Court reports results as tube debate ragesEarls Court and Olympia owner Capital and Counties (CapCo) has reported a dip in pre-tax earnings across the two venues in its half-yearly financial results. Pre-tax earnings hit £12m in the six months to 30 June 2011, down by 9 per cent year-on-year. This result was off like-for-like net properties income of £17.4m, down from £17.9m. CapCo attributed the drop to reduced revenues and bookings at Earls Court along with strong competition in the exhibition sector. However, 31 new shows offset the loss of other events including Landscape, the London Pet Show and Retail Business In BrIEfTechnology. Olympia also hosted several successful exhibitions including Upper Street Events' Move it. The results were released a few weeks after CapCo submitted a masterplan application to redevelop the 77-acre Earls Court site. Although initial planning dates were based on Earls Court exhibition halls closing after the London 2012 games, the venue confirmed bookings for exhibitions are now being taken through to the end of December 2012. An Earls Court and Olympia (EC&O) spokesperson told EN bookings are running on a minimum 16-18 month cycle to ensure organisers AEO's nExt CEOThe Association of event Organisers (AeO) has appointed former ITe Group and expomedia staffer Karim Halwagi as its new CeO to take over from Austen Hawkins. Halwagi's resume includes sales and management experience launching and managing exhibitions in both the UK and abroad. "Karim brings a huge amount of knowledge, experience and talent and I look forward to Karim driving AeO's development forward to greater success," Hawkins said. Hawkins will remain CeO until the end of the year. "I am looking forward to working with our existing and new members, to further enhance and develop the promotion of our industry and its continued growth," Halwagi said.spring FAir gEts £1.2mexhibition organiser emap is injecting a huge cash sum into promoting its spring Fair International 2012 show. More than £1.2m will have been invested in marketing, show features and the international buyers' programme by the time the exhibition opens at The neC in Birmingham next February. The spending campaign represents phase two of emap's plans to grow spring Fair following ongoing consultation with visitors, exhibitors and associations over the past 18 months. "A communications strategy to buyers detailing all our new developments will start in september," said emap Connect Home and Gift MD Louise Young. Additional support at next year's spring Fair will include 100 extra show staff, refreshment 'pit stops' and a redesigned show floor. "The redesign will resemble a destination department store and each sector will have its own personality," Young added.EAsyFAirs' innOvAtiOn easyfairs will debut a new Print Innovations trade show alongside its Packaging Innovations exhibition in 2012. The exhibition has its roots in the Print for Packaging zone, launched in 2010. Print Innovations will be co-located with Packaging Innovations, ecopack, Packtech and Contract Pack at The neC in Birmingham from 29 February to 1 March 2012. have enough time to market and prepare future exhibitions.EC&O is also continuing its battle with Transport for London (TfL) over plans to cut weekday District Line tube services to Kensington (Olympia). The transport authority claims nearly 90 per cent of the 14,933 respondents to a public consultation survey on the proposed cancellation of weekday services to Kensington (Olympia) supported the changes. But both EC&O and the exhibition industry claim any cuts will severely impact exhibition business. A final decision is awaited.

Single and FreSh launch Food FairSingle Market Events and Fresh RM will launch an Australian version of Fresh RM's Specialty and Fine Food Fair in 2012. Running from 27 to 28 August at the Sydney Convention and Exhibition Centre, the new Speciality Food and Drink Fair is a licence deal between the two companies, with Single Market Events responsible for making the Fresh RM brand succeed. "It's Fresh's format and we are slightly remodeling it for the market," Single Market Events MD Tim Etchells told EN. "Taking UK food shows to that market is our bread and butter."Fresh RM business development director Christopher McCuin said working with Single Market Events pinpointed an untapped opportunity for an event addressing Australia's rapidly growing fine food and drink sectors. "We wanted to capitalise on that through the launch of our Speciality Food and Drink Fair," he said. "We plan for this to be the first of many international launches in the Fresh RM global events portfolio." Single Market Events announced two new editions of its Baby and Toddler Show in Australia earlier this year.riots impact london's reputationThe recent riots in London potentially damaged the city's reputation as a business destination and raised concerns about civic unrest during the Olympic Games in 2012, a poll reports. news8 a survey of London firms, conducted by the London Chamber of Commerce and Industry, 83 per cent of businesses believed the city's commercial reputation had suffered, while 73 per cent agreed the riots highlighted the potential threat of civil disorder during the London 2012 Olympic Games. Nearly 50 per cent of London businesses were concerned about riots moving into their area. A quarter of respondents reported riots had taken place in their vicinity. The poll of 134 businesses was conducted by ComRes from 9 to 10 August. "These figures highlight the fact that the riots could not come at a worse time for the capital," London Chamber of Commerce and Industry CEO Colin Stanbridge said. "With the Olympics only a year away, the eyes of the world were already turning to London." In response to how this could impact events business, Meetings Industry Association (MIA) chief executive The cancellation of Turkish luxury travel exhibition Itspa was due to legal complications with Reed exhibitions, Exhibition News can confirm.Richard Joslin, founder and MD of Itspa organiser evisstar, said legal proceedings between the two companies have now ended following cancellation of the show. EN has also learnt Joslin's wife Debbie Joslin, who was previously group exhibition director of Reed's International Luxury Travel Market portfolio, has left after 23 years with the company. Richard was most recently at emap before founding evisstar specifically to launch Itspa. He also previously worked at Reed, as well as emap and Mack Brooks.Itspa was due to run from 19 to 21 February 2012 at the Istanbul Convention and exhibition Centre Lufti Kirdar. The show was targeted at the Turkish hotel, spa and wellness travel industries. "It was very disappointing but it was something we have had to deal with," said Joslin. "Hopefully we will be able to come back with something better and more robust. It's difficult to know what our next step will be because to move forward, we will be looking for decent support behind us."Reed CeO Andrew Fowles declined to comment on the legal proceedings.reed drops legal case against owner Great Exhibition of itspa luxury show 2012 finds a homeJulie Benson, organiser of The Great exhibition 2012, has confirmed the event will take place over two weeks in August at stoneleigh Park, warwick. The culmination of a year-long online campaign to promote all that is great about Britain, the exhibition will feature three main sections: The Footprint of Britain, The High street of the Future and The Great Outdoors. To mark one year until the show opens, Benson has embarked on a two-week road trip of the UK with four young roving reporters to find the people, places and products that "make up the greats of Great Britain". The exhibition launch briefly came into doubt earlier this summer when Olympic organising committee LOCOG threatened legal action against Benson for the use of 2012 in the exhibition's name. The agency argued that it gave the show unauthorised association with the London 2012 Olympic Games but later officially retracted the complaint. Originally planned to run for 90 days, the Great exhibition 2012 was inspired in part by The Great exhibition 1851 and the Festival of Britain in 1951.Manufacturing events join upeight UK manufacturing exhibitions organised by four different organisers will co-locate in 2012 to form the largest event in its sector. Together, the exhibitions will occupy 37,000sqm at The neC in Birmingham. Organisers anticipate 33,000 visitors. Cooperating organisers include new events, DFA Media, Global Media and the Manufacturing Technologies Association (MTA). new events organises national electronics week UK (new:UK), which this year took place from 12 to 13 April at The neC Pavilion. MTA organises MACH; DFA organises Drives and Controls, Air-Tech, Ifpex and Plant and Asset Management. Global Media organises electrex and the Independent Power, energy and electric expo. The events will run together on 18 and 19 April 2012.Jane Longhurst stressed the strength of London's longstanding reputation for international business tourism, meetings and events. "The capital's reputation has been developed over many years and is based on a consistent track record of success," she said. "Experience shows any poll conducted in the immediate wake of events such as the recent riots, when emotions are still running high, will produce extreme outcomes, but these opinions are generally short lived." Association of Event Organisers (AEO) CEO Austen Hawkins was also confident events would not be affected long-term by the riots."For international events in the short term, some visitors may question whether it is safe to visit the UK," he said. "However, memories are short and the UK is by no means the only country to suffer such unrest. I suspect that the riots will not have too disastrous an effect on events."