UBM news releases
UBM plc acquires Negocios nos Trilhos, South America’s leading railway industry exhibition
Apr 16, 2012
UBM plc today announces it has acquired Negocios nos Trilhos, South America’s leading railway industry exhibition, from Grupo Revista Ferroviária on behalf of UBM Live (www.ubmlive.com).
Now in its fifteenth edition, Negocios nos Trilhos – literally, ‘Business on Rails” – is a cargo and public rail transport tradeshow which is held annually in Sao Paulo (for further information see http://revistaferroviaria.com.br/nt2012/english.php). Last year’s show attracted 180 rail equipment and technology exhibitors from 14 countries and 7,000 railway professionals drawn from both the public and the private sectors. The 2012 event will take place 6-8 November.
The passenger and cargo railway industry in Brazil and other South American countries is expanding rapidly as the region’s economic development advances. Brazil has also seen accelerated investment in mass transport systems driven by the World Cup in 2014 and the Olympic Games in 2016.
Negocios nos Trilhos is a complementary fit with UBM Live’s Intermodal transport exhibition in Brazil (www.intermodal.com.br/en), which ran 10-12 April 2012. The business also overlaps with UBM Global Trade’s US rail industry products.
In 2011 Negocios nos Trilhos generated revenues of approximately £1.6 million. As at 29 March 2012, the business’ gross assets were £0.7 million. The acquisition is expected to exceed UBM's cost of capital criterion in its first full year of ownership.
Simon Foster, Chief Executive Officer of UBM Live said:
“We are delighted to have acquired such a well-established and market-leading exhibition in this fast-growing industry. Negocios nos Trilhos will strengthen our position in the transport sector in Brazil and complement UBM’s US-based rail industry product set.”