Plimsoll report finds conference businesses are ripe for takeovers

The
exhibition and conference services industry should brace itself for
takeovers as a series of curious circumstances begin to shape the
industry, argues a new market report from analysts Plimsoll Publishing.

The
study warns that a combination of stock piling cash, difficult growth,
low interest rates and ageing directors has left 169 companies ripe for
acquisition as the sector consolidates, evolves and starts to prosper
again.

“On
one hand, cash rich companies have been stockpiling cash and their
problem is that the built up cash could give them a real headache,” said Senior Analyst, David Pattison. “Low
interest rates mean this cash will be sitting idle on the balance sheet
and not generating a return. It really needs to be put to good use and
an acquisition seems an obvious option.” 

The Plimsoll Analysis, which
is also available in an online format, provides an individual profile
of each of the UK’s top 724 conference and exhibition services
companies.

It
offers an overall financial rating, a valuation as well as an
acquisition attractiveness assessment on each company and helps
understand up-and-coming competitors in the market.
 
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Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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