by Meetings & Conventions Asia | April 16, 2019

Last week, Northstar Travel Group announced that it has entered a definitive agreement to acquire Centaur Media Travel & Meetings Limited (CTM), the owner of exhibitions and events such as Business Travel Show, The Meetings Show and Travel Technology Europe. The transaction is expected to close at the end of April. 

The Business Travel Show is Europe's largest corporate travel event with more than 9,000 attendees, including 220 exhibiting companies and 500 hosted corporate travel buyers; The Meetings Show is UK's leading inbound and outbound event for global meeting planners, and it brings in approximately 5,000 attendees each year, including 640 exhibitors and about 1,000 hosted meeting buyers; Travel Technology Europe has been providing buyers with technology solutions for the past 17 years, with approximately 6,500 attendees, including 300 VIP travel technology buyers each year. 

"The addition of Centaur's Travel & Meetings exhibitions to our global portfolio of 80 events in 13 countries fits perfectly with our strategy to expand our event segment with the UK's leading portfolio of travel shows," said Thomas Kemp, chairman & CEO of Northstar Travel Group. "The acquisition also provides Northstar with a platform in London to expand our portfolio of travel information and marketing services properties in the UK and Europe. We are excited to add Dave Chapple and his team of travel event professionals to the Northstar team." 

"The CTM portfolio is a perfect strategic fit with Northstar's core information and marketing services brands serving these B2B travel segments," said Bob Sullivan, president of Northstar's Travel Group. "We will be able to leverage our content, our databases and our industry relationships to expand and grow these events."