Informa acquires Winsight for US$380m
/London, 18th May: London-listed Informa PLC announced the acquisition of Winsight, a B2B events, data and media group, for US$380 million.
Winsight is primarily focused on the U.S. market and on the food services industry. The group’s business lines include: live & on-demand B2B events, data and research as well as specialist media service.
Informa plans to integrate Winsight into its existing B2B food services category. The group aims to generate annual revenues of US$115 million by creating more category leading events and services. Informa also noted that its “first party data engine,” IIRIS will benefit from Winsight’s close relationships with exhibitors, attendees and subscribers.