London: British media group Informa expects to double its presence in India and China within the next three years as it seeks a balanced geographical spread, its chief executive told a media conference on Monday.
“We’d be disappointed in the next three years if we hadn’t grown, hadn’t doubled the size of that business,” Peter Rigby told the Numis media conference when talking about the two fast-growing emerging markets.
“We’re seeing increased traction there.”
During 2009, Informa launched new ventures and exhibitions in the Gulf and Brazil, and focused on emerging markets in the expansion of its telecoms conferences.
The company has said it is not looking for large acquisitions but could make some strategic or bolt-on buys.
Rigby said on Monday: “Both from an organic perspective and an investment perspective in India, China and Brazil, we’ve got quite a lot of irons in the fire.”
“Some of those are absolutely organic and some are related to actually quite small acquisitions.”