NEW YORK, March 01, 2018 (GLOBE NEWSWIRE) -- UBM Brazil announced that it has acquired Grupo CanalEnergia, the leading events and media company in the Brazilian energy sector. The acquisition furthers UBM’s strategy to expand its operations in Brazil and in Latin American renewables.
Grupo CanalEnergia is focused on leading events, media, Canalenergia.com.br and training exclusively dedicated to the Brazilian energy sector. Their portfolio of events includes among others ENASE, Brazil Windpower, Brazil Solar Power, Energy Expo Forum and Mercado Livre’s Annual Meeting.
UBM, an international events organizer, will use its expertise, scale and reach to grow and enhance Grupo CanalEnergia’s trade shows, conferences, and training programs. Grupo CanalEnergia’s CEO and founder Rodrigo Ferreira will remain on in a management capacity following the acquisition. Mr. Ferreira, who founded Grupo CanalEnergia nearly two decades ago, said, “The renewable industry as a whole will be strengthened by this partnership, allowing the company we founded 17 years ago to modernize and develop more quickly thanks to UBM’s scale and existing presence in the energy sector. As demand for renewable energy sources grows and the market opens up to more private investment, we expect our shows to flourish under UBM’s leadership.”
UBM Brazil’s existing portfolio is focused on driving business-to-business connections in a variety of sectors, such as healthcare, civil construction, transportation, food & beverage and packaging. Worldwide, UBM has a growing portfolio of renewable energy events in India, South-East Asia, the USA, Mexico and Argentina. This network will provide Grupo CanalEnergia with global reach.
“The renewable energy sector is a rapidly evolving market, and is an increasingly important part of the Brazilian energy sector. Acquiring Grupo CanalEnergia makes us the leader in this market in Brazil and throughout Latin America, where we recently made two important acquisitions in the energy sector: Mexico International Renewable Energy Congress (MIREC) and Argentina International Renewable Energy Congress (AIREC). With this acquisition, UBM strengthens its commitment to developing and growing its portfolio, and to creating connections for renewable energy experts across the globe.” says Jean-Francois Quentin, CEO of UBM Brazil.
ABOUT UBM | UBM is the largest pure-play B2B events organizer in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors. In Brazil, we work in healthcare, logistics, infrastructure, food ingredients, civil construction, shipbuilding and the subway/railway industry. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions. For more information, go to http://www.ubm.com for UBM corporate news, follow us on Twitter at @UBM, UBM Plc LinkedIn
ABOUT Grupo CanalEnergia | Grupo CanalEnergia was founded in 2000 by brothers Ricardo and Rodrigo Ferreira. During its 17 years of work, it has received many awards and become a leader in Brazil in events, journalism, and training programs for the local energy industry. The Grupo CanalEnergia portfolio comprises the major events in the industry, such as ENASE, Brazil Windpower, Brazil Solar Power, Energy Expo Forum and Mercado Livre’s Annual Meeting, and the CanalEnergia.com.br website, the largest website focused on information and journalism for the local energy industry. The company is headquartered in Rio de Janeiro and also has correspondents in São Paulo and Brasília. It employs more than 30 people.
Vice President, Corporate Communications
Source:UBM Investment, Inc.