The organiser of the Monaco Yacht Show, Informa Exhibitions, announced today (March 2) that it has bought Yachting Promotions, the operator of three of the largest boat shows in the USA.
The deal, which is worth $133million, will see Informa take over the Fort Lauderdale International Boat Show, Yachts Miami Beach and the Palm Beach International Boat Show, as well as the smaller St Petersburg Power and Sailboat Show and the Suncoast Boat Show in Sarasota.
Charlie McCurdy, CEO of Informa Exhibitions, said: “Acquisitions in key and growing verticals will continue to be part of our growth strategy going forward as we look for events that complement what...