Forum Media Group, a media company specialized in information, education and entertainment with headquarters in Bavaria and Germany, has acquired 80% of Hong Kong and Singapore's Lighthouse Independent Media to enter the Asia market.
Financial details were not disclosed. Forum bought the stakes from Lighthouse's owners Justin Randles and Tony Kelly, who have retained a 20% interest in the company and will continue their roles to help grow the company within Forum.
Lighthouse was established 15 years ago by the two founders and is a B2B media and events business servicing the advertising, marketing and human resources sectors. Its products and services include magazines, websites, newsletters, conferences, awards and training.
"since the establishment of Lighthouse in 2002, we have grown a business through creativity and innovation a...
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