Emap splits into three standalone businesses

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Duncan Painter

Emap has announced a major restructure that will see its business operations split and rebranded into three distinct operating companies.
 
Emap Connect, the exhibition, large-scale conferences and events division that accounts for 44 per cent of the total group’s turnover, will now be rebranded i2i Events Group and focus on global growth opportunities.
 
The i2i business is being led by Mark Shashoua, who was appointed MD of Emap Connect last November.
 
Emap as a whole is being rebranded to Top Right Group to reflect the structural change and the organisation’s long-term growth and high performance aspirations, the company said in a statement.
 
Its information services business, including WGSN and Customer Insight, will now be known as 4C Group. Former Thomson Reuters global head of its exchange traded instruments business Stephen Wilson will join 4C Group on 10 April to lead the business.
 
The Emap brand will be retained by the group’s now standalone publishing and associated events business, led by Natasha Christie-Miller.
 
Top Right Group CEO Duncan Painter said decision to split into independent operating entities was about creating a culture that encourages growth. Each unit will be responsible for its own investments and its future.
 
“We’re devolving responsibility from the centre and will give our new operating companies the freedom to be more independent, agile and single-minded in pursuit of these objectives,” Painter said.
 
“They will develop their own distinct strategies, focused on customer needs and our strongest brands, with the aim of delivering better services and sustainable top-line growth.
 
“From a small centre, the group function will play a background role as a catalyst for change and expansion, particularly internationally.”
 
I2i’s portfolio includes a host of exhibition titles including BETT, World Retail Congress, Spring Fair International, RWM, BVE Expo, Pure London and Naidex. The group also manages the Lions Festivals.
 
According to the company statement, Shashoua’s immediate focus is to build an international sales team and seek expansion opportunities in fast-growing overseas markets with a particular focus on China, Latin America and Singapore.
 
Send all your meetings industry news to: conferencenews@mashmedia.net

28 Mar 12

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