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FORUM MEDIA GROUP acquires Milwaukee-based Trade Press Media Group

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Published: Wednesday, 31 January 2018 13:15

“After almost thirty years as CEO and owner, I’m excited and pleased to turn over control of our company to FMG which has a global footprint with operating subsidiaries in seventeen countries.  For Trade Press staff members, I’m also particularly pleased to have found a buyer committed to maintaining the Milwaukee office, positioning it as their foothold for entering the U.S. market.  FORUM is a company that is known for its excellence, mirroring our own firm’s reputation for market leadership and for quality”, said Bob Wisniewski.

Trade Press Media Group, Inc., founded in 1915, is a business-to-business media company serving the facilities management, commercial cleaning and the U.S. rail markets.

For Ronald Herkert, Chairman and owner of FORUM MEDIA GROUP, “the acquisition marks an ideal starting point for FMG’s foray into the U.S. market. “We are very happy to welcome Trade Press Media Group into the FORUM family and look forward to continue together the proud history of this long-standing company”, he said.

“For FMG, this is an important milestone towards our vision of becoming a globally recognized media company. I am excited to work with the U.S. team to take advantage of synergies that will drive our continuous mutual growth”, added supervising FORUM board member Roland Hradek. 

As part of this transaction, FMG purchased 100% of Trade Press Media stock and also the joint venture that was created in 2000 by Trade Press Media and ROC Exhibitions, Lisle, IL to organize and produce the NFMT Conference & Exposition and the Critical Facilities Summit.

Jeffrey J. Schenk, COO of Trade Press Media Group will immediately assume the position of CEO/General Manager.  The company will operate as a subsidiary of FMG.  For event production in the facilities market, the Company will continue to work closely with ROC Exhibitions, Inc., led by the firm’s president, Marc Rosenstock.