RBI Australia on the block
The local arm of one of Australia’s largest business-to-business publishers, Reed Business Information, is for sale.
The company, based in Chatswood in NSW, publishes industry magazines including advertising title B&T, Australian Doctor, Money Management, Travel Weekly and online directory Hot Frog.
B&T reports that Jeremy Knibbs, CEO of RBI Australia, said: “The business has been transformed over the last decade, embracing the opportunities of web-based advertising services and delivering strong growth in revenues and margin. RBI has been a good parent to us and we look forward under new ownership to build on the business’ success in developing profitable multi-media advertising models.”
Parent company Reed Elsevier put RBI up for sale globally four years ago but failed to find a buyer as the GFC struck.
Tim Burrowes founded Mumbrella in 2008. He worked on Mumbrella until 2021. At various points he was editor, content director and editor-at-large. He returned to Mumbrella as Publisher in January 2025
Linkedin
Tim – I think you’ll find that the global RBI business (including Australian arm) was put up for sale a few years ago by Reed Elsevier and subsequently failed to sell. Pretty sure that the parent company, Reed Elsevier, was never for sale…
User ID not verified.
You’re completely right., The Dog. As I worked there at the time, it’s surprising how soon you forget… story now amended.
Cheers,
Tim – Mumbrella
Tim , you should make a play for it.
User ID not verified.