UBM plc announced on 13 December last year that it had agreed to acquire Allworld Exhibitions for a cash consideration which values the Business at US$485 million on a debt and cash free basis (the "Acquisition").Allworld is the leading privately-owned Asian exhibitions business operating 51 tradeshows in 11 countries and across nine industry sectors. Allworld generated revenues of $97.2 million and EBITDA of $37.6 million (38.7% margin) during the twelve months ended 30 June 2016. Allworld is a pure-play events business serving nine different industry sectors. It operates 51 tradeshows (a mixture of annual and biennial shows) in 11 countries: Singapore, China & Hong Kong, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, South Korea, Bahrain and Kuwait, and is the leading privately-held Asian exhibitions organiser (with a position in the Middle East). Allworld has industry-leading events in attractive sectors including Food & Hospitality, Packaging, Manufacturing, TMT and Oil & Gas. It has international sales teams based in London and Singapore and has approximately 250 employees. Allworld is a well-run, family-owned business with a strong track record of organic growth. Its geographical and sectoral strengths are aligned well with UBM’s existing business in Asia. It is this high degree of alignment that generates the strong revenue growth opportunities.
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