Eight Advisory supported RX in the context of its acquisition of Sustainable Energy Conferences (SEC)

Eight Advisory supported RX in the context of its acquisition of Sustainable Energy Conferences (SEC)

The Eight Advisory UK Team provided buyside financial and tax due diligence to RX (part of RELX plc) on its acquisition of Sustainable Energy Conferences (SEC), owner of World Hydrogen Summit.

RX has announced the acquisition of Sustainable Energy Conferences Ltd (SEC), the owner and organizer of World Hydrogen Summit (Rotterdam, Netherlands), Hydrogen Americas (Washington DC, USA), Hydrogen Asia-Pacific (Brisbane, Australia) and the Sustainable Energy Council brand.

 

The events are focused on the rapidly developing hydrogen economy, and cover the entire value chain, including production, transmission, distribution and storage, and the main end-user sectors such as heavy industry and transportation.

 

RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

 

Commenting on the acquisition, Hugh Jones, Global CEO of RX said: “This acquisition is part of our strategy to expand in the growing low carbon sector. Hydrogen is expected to be a large, high-growth and international sector critical to the future of decarbonising energy, industrial processes and transportation. The SEC portfolio is highly regarded, and RX is well-placed to leverage its impact, with these events complementing and enhancing RX’s wider offering in the energy sector. I very much look forward to working with the team.”

 

Tim Clark, Founder, Sustainable Energy Conferences Ltd, said: “The global Hydrogen market continues to grow and revolutionize the energy world. Joining RX will allow us to grow these events by leveraging their technology platforms, global network and operational expertise. I look forward to our teams sharing their know-how and commitment to evolve our brands and products.”

 

The SEC team consists of 21 permanent staff who will join RX.

 

Eight Advisory team members supporting on this transaction:

  • Financial due diligence: Rupert Templeman (Partner), Amen Sangha (Director) and Thibault Vailler (Senior)
  • Tax due diligence: Caley Mogg (Partner) and Shivani Maru (Manager)

Rupert

Templeman

Partner

Transaction Services

Eight Advisory London

Caley

Mogg

Partner

Tax

Eight Advisory London

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