Reed Elsevier sells RBI Italy

Reed Elsevier today sold RBI Italy, a subsidiary of Reed Business Information, to BVMultimedia, a company owned by Roberto Briglia and Gianni Vallardi.

RBI Italy is one of the country’s most important publishing and business to business services companies. It generates annual sales in excess of €18m in three business areas. These include publishing, with 13 market leading magazines and their respective websites; Telemat, the division which monitors 70,000 Italian public tenders; and Mimesi, which provides printed and digital press review services and advanced analysis of reputation on the internet. RBI employs about 170 people in offices of Milan, Parma and Bassano del Grappa.