A Bristol-based exhibition company, Prysm Group, has taken over the annual RWM with CIWM show at the NEC, and announced plans to switch to a two-day event in October.
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The deal was signed shortly before the New Year. Prysm has paid organiser Ascential an undisclosed sum for the show and the Chartered Institution of Wastes Management (CIWM) has backed the new partnership under a legal ‘novation’ agreement.
CIWM chief executive Colin Church said he was “very positive about the exciting possibilities” offered by Prysm’s existing environmental portfolio, which included an event on contamination including hazardous materials and land remediation.
Church said RWM had needed a new direction and he looked forward to developing the partnership.
Event revenue and visitor numbers have fallen in recent years and, although Ascential relaunched RWM ahead of the 2017 show, there was further decline.
Ahmed Pearce, Prysm’s sales director, said the event had been “going downhill” in recent years and Prysm would use its database of customers from 33 other events to attract a new set of visitors and exhibitors.
Prysm had already launched a Waste Management Business Innovation show to be held at the Excel in October, but Pearce said this would be dropped and incorporated into RWM.
He said he expected to see a much larger number of seminar theatres to increase interaction with visitors.
MRW understands that only one of the Ascential staff previously working on the RWM event will not be transferring to Bristol. Others are being re-located within other Ascential roles.
Ascential was, until June 2017, the owner of MRW.
The Prysm Group today announced that RWM in partnership with CIWM, the UK’s leading recycling, energy, water and waste management show, has joined its its Environmental Division, which includes The European Contamination Expo Series, Hazardous Waste Expo, Land Remediation Expo, The Flood Expo and The Marine & Coastal Civil Engineering Expo. RWM, the only UK event that brings together the entire industry, was acquired from Ascential. Commercial terms of the deal were not revealed.
Commenting on the acquisition of RWM, event director Nick Woore, said: “RWM is undoubtedly the leading exhibition in the global resource management sector, so to be able to add the show to our already incredible portfolio is extremely exciting.
“Waste, recycling and resource management is crucial to all of our lives and the significant contribution that this dynamic and innovative sector can make to the economy is increasingly being recognised by governments and industry. Running this event is an honour we are not taking lightly, and we will ensure that this exhibition leads the way for the industry tasked with delivering a sustainable future for our country.”
CIWM chief executive Dr Colin Church said: “This is an exciting development for RWM and CIWM looks forward to working in partnership with Prysm to ensure that the show goes from strength to strength as the premier showcase for the resources and waste management sector. We welcome Prysm’s decision to invest in expanding its environmental business and there are clear synergies with other events in the Prysm stable that will further broaden RWM’s reach and relevance.”
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