Employee Benefits’ owners, Centaur Media Plc, today announced the acquisition of The Forum for Expatriate Management (FEM).
The FEM has built the world’s leading membership community of global mobility professionals and operates associated internet services and events globally, including major conferences, exhibitions and awards.
Geoff Wilmot, CEO of Centaur said: “FEM is an excellent fit with Centaur and I am delighted to welcome Brian Friedman (founder and CEO of FEM) and his team to the group. Brian, who was formerly global head of human capital at Ernst and Young, has done an outstanding job of establishing FEM as the leading international brand in this market.”
Philip Hayne, publishing director of Centaur’s specialist HR brands, said: “The FEM is a very exciting business that offers great opportunities for further, fast global growth.
“It already has a worldwide membership base of over 5,500, local chapters in 20 major cities and major business-to-business (B2B) events established in Europe and the US with plans for new territories.
“In addition, the synergies with Employee Benefits and Recruiter magazines are clear especially as we launch new services to reflect the increasingly international nature of staffing and reward systems.”
Brian Friedman, CEO of FEM, said: “The FEM has rapidly established itself as the world’s premier networking community for all global mobility professionals. We are confident that joining Centaur will provide us with the infrastructure to grow our existing activities and the expertise to expand into new areas of operation.
“Centaur’s Employee Benefits and Business Travel portfolios could not be a better fit for our aggressive expansion plans.”
Read full announcement: Centaur Media acquires of The Forum for Expatriate Management (FEM)