Events. Centaur Media, of the UK, continues its disposals with an agreement to sell for £5m Employee Benefits and associated activity, to the German-owned DVV Media International. Revenues are derived primarily from events and online. DVV Media International is a UK subsidiary of DVV Media GmbH, of Hamburg, which specialises in transport/logistics and HR professional information. Its UK and international brands include Railway Gazette International, Commercial Motor, Motor Transport and Personnel Today which were formerly published by Reed Business Information. In 2018, Centaur’s HR business made £1.2m EBITDA on revenues of £3.2m, producing a multiple of just over 4x times earnings. Centaur has so far achieved disposal proceeds of £19.25m.
Centaur sells HR to DVV
