Global publishing organisation DVV Media International has acquired Centaur Human Resources (CHR), a division of Centaur Media that owns websites, exhibitions and events in the HR sector, including Employee Benefits.
The CHR portfolio, now owned by DVV Media International, features market-leading reward and benefits website Employee Benefits, as well as its three annual industry events: Employee Benefits Live, a two-day exhibition and conference, Employee Benefits Connect, a one-day conference for senior HR professionals, and the Employee Benefits Awards and Summer Party, celebrating best practice across the industry.
The acquisition also includes the Forum for Expatriate Management, a worldwide community for global mobility professionals, and its confex and awards events across the US, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).
The acquisition will strengthen DVV Media International's current multimedia HR and recruitment offering, which includes Personnel Today, Personnel Today Awards, Personnel Today Jobs, Occupational Health and Wellbeing, WhatMedia and the RAD Awards.
Andy Salter (pictured), managing director at DVV Media International, said: "This is a very significant acquisition for our business. Building on the strength of our existing Personnel Today brand, the new additions to the portfolio substantially increase our offering to the HR and recruiter services sector.
"Both Employee Benefits and the Forum for Expatriate Management have a powerful reputation. This is a perfect fit and we are looking forward to working with the new teams to develop our portfolio further."
Kavitha Sivasubramaniam, editor at Employee Benefits, added: "Employee Benefits is a strong brand within the industry and an essential source of information and solutions for the HR sector. The move to DVV Media International gives the entire CHR portfolio the opportunity to strengthen and develop further."
Staff employed at CHR are expected to remain with the business and will operate out of DVV Media International's central London office.
Harrison Clark Rickerby gave legal support to DVV Media International, and financial advice was provided by Kingston Smith.