Publishing House Fiera Milano Media has been acquired by the LSWR Group, an Italian leader in scientific and professional knowledge, through the Quine publishing house.
Providing the latest updates and news for engineers, technologists, and IT specialists, the acquisition allows Quine to expand its range of information and professional training, due to Fiera Milano Media’s speciality in technical publishing, B2B communication, managerial training, and digital services. The media house’s publications in Industrial Automation, Mechanical, Electronics, and ICT sectors will all move to Quine from the 1st March 2020.
The acquisition of the Fiera Milano Media magazines further extends the LSWR Group’s activities led by Giorgio Albonetti, which strengthens the group’s leadership position in the engineering sector. Giorgio Albonetti, President of LSWR Group commented “The pandemic crisis has accelerated the transformation and evolution of professional skills. The report, ‘Future of Jobs by the World Economic Forum’ at the end of 2020 reveals that 50% of all employees will need to retrain by 2025 following an increase in technologies, the economic impact of the pandemic, and the increasing in automation. These are the reasons why we believe it is essential to increase training, updating, and quality professional information right away; we believe it is essential to increase our commitment to the evolution of people’s professional skills. The skills and assets acquired by Fiera Milano Media help to consolidate Quine’s role as a cultural reference in the field of new technologies and technical knowledge”.
Marco Zani, CEO of Quine added “Quine constantly increases its commitment to training and communication in the professional field, also qualitatively, with this new acquisition. The portals and magazines expand the already rich offer provided by Quine with products in the Tech, Construction, industrial production, Ho.Re.Ca., and information and communication technologies; the goal is to continue the work done so far by offering increasingly useful and increasingly interesting content to effectively respond to the challenges that the pandemic crisis and digital transformation impose“.
Here at Napier, we are always supportive of an acquisition, and we are looking forward to seeing the direction Quine will take the Fiera Milano Media publications in.
