Informa to dispose of Dutch businesses
Informa on Wednesday said it was selling its two Dutch conference businesses.
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The company will get rid of the two businesses based in Amsterdam and Eindhoven, as well as a small local publishing operation.
The disposals are part of the company’s portfolio management strategy.
It follows the recent disposal of its two Scandinavian businesses in Sweden and Denmark, as well as the previous sale of its Consumer Information business and the closure of operations in Johannesburg and Melbourne.
The company said the changes will improve the quality of group earnings and reduce the exposure to non-core and more cyclical income streams.
It also said the disposal will increase the focus on businesses with recurring and predictable revenue streams.