Informa LLC is a U.K. public-traded company with 11,000 employees and worldwide involvement in market research and industry publications. Winsight based in Chicago publishes Restaurant Business and Food Service Director and arranges leadership conferences and the annual National Restaurant Association exhibition. The company also operates Technomic.
It is intended to merge the respective activities of the two companies and achieve synergy.
In commenting on the transaction Andrew Mullins, CEO of Informa stated, “This new combination of our existing foodservice assets with Winsight’s outstanding media, event and publications, provides the capability to create even more market-leading products and services that will better serve the needs of the foodservice industry and its customers.”
Mike Wood, CEO of Winsight will continue to lead the business that will be operated under the Informa Connect Division.