Canon Communications Acquires Engel Publishing Partners from Euromoney Institutional Investor PLC, Expanding Its Market Reach to Global Pharmaceutical Manufacturing SectorLOS ANGELES--(BUSINESS WIRE)--Sep 4, 2007 - Canon Communications LLC, an Apprise Media portfolio company, announced today that it has acquired Engel Publishing Partners from Euromoney Institutional Investor PLC. Engel is a niche B2B media company serving the $634 billion global pharmaceutical market. Engel's array of print, online and data products and conferences-including Med Ad News and R&D Directions magazines and the PharmaLive.com website and interactive products-significantly broadens Canon's coverage of the nation's $1 trillion advanced, technology-based manufacturing industry. Terms of the transaction were not disclosed.
"Canon already holds a vital position in the life sciences sector worldwide through its many trade shows, publications, and digital media products covering the medical device manufacturing sector. With Engel, we add a strong B2B media group that offers excellent content for senior management of pharmaceutical companies across print, digital, and live event formats," said Charles G. McCurdy, Chairman and CEO of Canon Communications. "Through a combination of product launches and acquisitions, we continue to enhance our role as the leading B2B media company dedicated exclusively to the global technology-based manufacturing sector. Engel's presence in the pharmaceutical market brings to us an important extension of that mandate. Engel is Canon's fifth follow-on acquisition in the past two years. Next month in a related move, as previously announced, we are launching the BIOMEDevice trade show, which provides a forum for areas where the pharmaceutical and medical device manufacturing markets are converging."
Engel Publishing, based in Newtown, PA, has long been a source of essential information about industry trends and events in the pharmaceutical manufacturing industry, including companies, products, and pipelines. Established in 1982 and published monthly, Med Ad News is a leading publication covering the business and marketing activities of the pharmaceutical industry. R&D Directions, established in 1995 and published 10 times a year, is a leading title providing practical knowledge to research and development professionals in pharmaceutical companies. PharmaLive.com is a leading Web site serving the pharmaceutical manufacturing industry, with 21 separate news categories. It attracts over 150,000 unique visitors each month and more than 65,000 professionals have registered to receive its e-newsletters. PharmaLive.com's interactive products include eKnowledgebase, PharmaSentry, the PharmaLive.com eNewsletter Series, the Therapeutics Daily eNewsletter Series, and OnDemand Special Reports. Each year, Engel produces a series of conferences, including the Patient-Centered Marketing Conference, the Drug Development Summit, and the Manny Awards program.
About Canon Communications
Canon Communications LLC, a portfolio company of Apprise Media LLC, is the leading publisher, trade show producer, and digital media company for the nation's $1 trillion advanced, technology-based manufacturing industry, including medical device, packaging, design engineering, process technology, automated assembly, electronics, quality control, and plastics processing.
Canon's expanding array of magazine titles includes MD&DI (Medical Device & Diagnostic Industry), Medical Product Manufacturing News, Medical Electronics Manufacturing, European Medical Device Manufacturer, Medical Device Technology (UK), China Medical Device Manufacturer, IVD Technology, MX, Pharmaceutical & Medical Packaging News, Nutritional Outlook, Cosmetic/Personal Care Packaging, Injection Molding Magazine, Modern Plastics Worldwide, Powder/Bulk Solids and Appliance. Digital media include the medical device design and engineering portal, Medical Device Link; the online magazine, Advanced Design & Manufacturing (AD&M); and 50 branded e-newsletters and e-publications.
The company produces trade shows for both U.S. and international markets, including: Medical Design & Manufacturing (MD&M), MEDTEC, and BIOMEDevice; WestPack, EastPack, SouthPack, and MidPak; Atlantic Design & Manufacturing, Pacific Design & Manufacturing, Design & Manufacturing South, and Green Manufacturing Expo; Quality Expo and Quality Expo Detroit; Powder & Bulk Solids, PTX (Process Technology Expo), ChemProcess, PharmaProcess, and ProcessPack; Assembly New England, Assembly Technology Expo, and Automation Technology Expo (ATX); National Manufacturing Week, Advanced Manufacturing Exposition (AM Expo), and OEM New England; PLASTEC; NEPCON, Electronics Assembly Show (EAS), and Electronics West; IPOT, MTEC, Practical Vacuum, and Machine Building, Drives & Automation.
Further information about Canon's business-to-business publications, trade shows, and digital media, is available at www.cancom.com.
Apprise Media LLC acquires, enhances, and builds niche media companies in both the business-to-business and consumer sectors. Further information about Apprise is available at www.apprisemedia.com.
Canon Communications LLC
Dan Cutrone, 310-445-4200
Posted: September 2007