OPI acquired via MBO

 

1 August 2006 — London (UK): Office Products International (OPI), the leading trade media organisation serving the global office products (OP) industry, has been acquired by its management from Euromoney Institutional Investor PLC. The acquisition was led by Steve Hilleard, the company’s Chief Executive Officer, and Event Manager Janet Bell, through their newly-formed OP consulting firm Nelson Media Ltd.

 

"It’s a very exciting opportunity, and I am looking forward to working closely with our talented staff and loyal customer base to capitalise on the tremendous reputation and history of OPI," said Steve Hilleard.

 

"Although the OP industry is experiencing significant transformation as a result of globalisation, consolidation and commoditisation, we believe there continues to be significant opportunities for those organisations which equip themselves with the right information tools to embrace that change.

 

"Our extensive portfolio of products — including magazines, newsfeeds, educational and networking events, and research reports — are designed to be just some of those tools for today’s time-pressed OP executive, and will be supplemented with new services in the coming year to ensure we remain relevant to a demanding audience."

 

About OPI

 

Office Products International (OPI) is the leading trade media firm for the office and computer supplies industry, enjoying an unrivalled reputation for the quality and timeliness of its information and products in over 100 countries.

 

Its foresight in establishing a strong brand reputation in the increasingly important Greater China region has helped propel the company’s export revenues to almost 92% of its total sales.

 

For more information contact:

 

Nelson Media Ltd
Steve Hilleard +44 (0)7799 891000

 

Euromoney Institutional Investor PLC
Christopher Fordham +44 (20) 7779 8057