The entire portfolio of George Little Management (GLM) U.S. trade shows is in its second round of bidding for a deal said to be worth more than $240m. Possible buyers include Reed Elsevier, UBM and Informa.
GLM owner, UK-based The Daily Mail & General Trust (DMGT), which owns the Daily Mail and more than 100 regional newspapers, intends to focus event activities on fewer areas with growth opportunity such as their portfolio of energy shows and activities in the Middle East, according to a report in the Guardian.
GLM currently produces 15 tradeshows, serving industries as diverse as giftware, home furnishings, social stationery, home textiles, tabletop, gourmet housewares, contemporary furniture, personal care, art & design, antique jewelry, beach, board sports, fashion and hospitality. Together, these events showcase some 11,000 exhibitors in 1.8 million net square feet of exhibit space, and attract approximately 345,000 attendees.
Shows include Action Sports Expo Asia, boutique DESIGN New York, Greeting Card Association, Las Vegas Antique Jewelry & Watch Show, National Stationery Show®, New York Antique Jewelry & Watch Show, Retailer Forum, Surf Expo, SURTEX®, The Chicago Antique Jewelry & Watch Show, The Miami Beach Antique Jewelry & Watch Show, and The Original Miami Beach Antique Show.