PMMI, The Association for Packaging and Processing Technologies, owner and producer of the PACK EXPO portfolio of tradeshows, has entered into an agreement to purchase Summit Media Group Inc., publisher of Packaging World, Automation World, Healthcare Packaging and Contract Packaging.
Announced at PMMI’s annual meeting Sept. 16, the sale is expected to conclude in late October. Under the agreement, the Summit Media Group staff will join the PMMI staff, with Summit offices remaining in the Chicago area.
“Summit is a well-known, highly-respected publisher, with print publications and a significant digital presence that truly complements PMMI’s strategic plan,” said Bill Crist, chairman, PMMI. “They bring to the table a fully developed platform, an established audience and a high level of brand recognition — all within a proven business model.
“PMMI’s strategic vision is to create opportunities where businesses and people along the packaging and processing supply chain can convene to network, problem solve and do business. The robust platform Summit brings to the table will enhance our ability to do that.”