Stagnito Business Information, parent company of Progressive Grocer and other brands, has acquired a series of media brands, conferences and tradeshows from Canada's Fulcrum Media.
Among the recently purchased events are Pharmacy U, The Convenience U Carwacs Show, Le Salon Dépanneurs, épiceries & cie, and The Canadian Coffee & Tea Show.
The acquired media brands include Convenience News (CN), Your Convenience Manager (YCM), Octane, Pharmacy Business (PB), and Your Foodservice Manager (YFM), along with French-language editions of CN, YCM, YFM and their affiliated websites. The exclusive distribution relationship of YCM, YFM and their French-language editions will continue to be managed through ITWAL Ltd. and its members.
“With research, information services, media and event assets, Stagnito is the U.S. retail industry’s most complete provider of business intelligence and strategic marketing programs. These Canadian brands bring capabilities that fit perfectly with our mission,” said Harry Stagnito, president/CEO, Stagnito Business Information.
“Convenience Store News is a leading b-to-b resource for retailers and suppliers. Adding two major c-store media brands – plus Canada’s largest c-store tradeshow – extends our leadership position even further and allows us to bring our audiences and customers greatly enhanced information and marketing opportunities throughout North America,” he added.
Foodservice is becoming increasingly integrated into the convenience store sector, grocery and other retail formats. The acquisition of these c-store events brings strategic information and resources to Stagnito’s growing base of constituents who have a vested interest in enhancing their foodservice operations, merchandising and marketing.
Likewise, drug store retailers access many of Stagnito Business Information’s assets. With the acquisition of the Pharmacy Business publication and website, and the Pharmacy U conferences, Stagnito has the ability to increase its presence in that growing retail space.
“Since its founding in 1996, Fulcrum Media has dedicated itself to building a quality business in the convenience, pharmacy and foodservice markets,” said founder Alan Fogel. “It is clear that this is a good fit for Stagnito, and we’re confident that the brands we developed are in good hands.”
Fulcrum Media is a Canadian media company with offices in Toronto and Vancouver specializing in data analytics, promotions and consumer media.
Stagnito Business Information operates research, information services, media and events divisions that encompass a brand portfolio dedicated to the CPG retail marketplace. In addition to Progressive Grocer, the company’s leading brands include Convenience Store News, Store Brands, The Gourmet Retailer, Retail Leader and Multicultural Retail 360. Stagnito also produces top-tier retail industry events, such as the Store Brands Innovation & Marketing Summit and the Multicultural Retail 360 Summit.
Stagnito Business Information is a portfolio company of N.Y.-based Topspin Partners.
For additional information, please contact:
Corporate Marketing Director
Stagnito Business Information
416-504-0504 ext. 108