LONDON, May 29 /PRNewswire/ -- CMP Information, the professional media
business of United Business Media plc, today acquired the Interior Design
Handbook, its website and the Space Series market reports from Kenrick Place
Media for a cash consideration of 1.6m pounds sterling.
    These assets comprise a unique suite of products focused on a growing
market for interior design currently estimated to be worth 40 million pounds
annually.  The Interior Design Handbook is the clear market-leading directory
of architectural and interior design products and services.  It contains
information on UK interior design manufacturers and suppliers together with
details of architects and designers, including areas of specialisation.  Its
associated website, KPMdesignonline.com, is the UK's most comprehensive
interior design information source available on the net.  Also included in the
acquisition is the Space Series -- handbooks focused on specific sectors of
the industry.
    Commenting on the acquisition, Bernard Gray, CEO of CMPi said; "These
unique products will further strengthen our strong portfolio of leading brands
within the building and interiors market including the Interiors Event, the
UK's leading series of furniture and interior design exhibitions; our award
winning Intra magazine, focused on architects, designers and specifiers;
Cabinet Maker, the leading title for the UK furniture market; and its
associated buyers guide, Directory to the Furniture and Furnishings Industry,
now in its 45th edition.
    "This acquisition, together with the recent purchase of Property Media
Ltd, which includes Property Week, demonstrates our commitment to
strengthening our product offering to our customers and underlines our
ambition to become the leading professional media group in the UK."

    Notes:
    CMP Information is the UK headquartered professional media division of
United Business Media plc.
    Operating in the UK, US, Asia and Europe, CMPi delivers integrated media
solutions to specialist B2B vertical market sectors. Its products including
magazines, exhibitions, conferences, awards, directories and websites are
targeted at business professionals across a focused range of markets; these
include Healthcare, Property, Entertainment, Travel, Agriculture, IT & Games
and Print.
    Amongst its well-established brands are industry leading publications
including Pulse, Travel Trade Gazette, Building Design, Property Week, Music
Week, and Chemist & Druggist. It also has a number of exhibitions recognised
as the pre-eminent events in their respective market sectors. These include
CPhI, FIE, The Furniture Show, ATC, Confex and IFSEC.
    CMPi produces around 50 publications, 20 Directory products and Buyers
Guides and 35 exhibitions. In 2002, its revenues totalled 113.4m pounds and
its profits were 12.7m pounds; it employs over 700 people based in the UK, US
and Holland.

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