This latest acquisition also edged Tarsus Group closer to its Project 50/13 goal. By the end of 2011, 38 percent of Group revenue was derived from the emerging markets. Including the Life Media acquisition, approximately 43 percent of the company’s revenues now will be from that portion of the portfolio.
And, with an eye on the future, the company is looking to expand even more.
“In executing our 50/13 strategy, we have a number of opportunities under review, including certain exhibition businesses in China,” Emslie said.
He added, “Our flexible balance sheet means that we are able to move swiftly in securing assets should the opportunity arise."