Global construction information publisher, KHL Group, acquired the USA-based publisher Diesel & Gas Turbine Publication Group on Jan. 31, 2018.
Founded in 1935, Waukesha, Wisconsin, USA-based Diesel & Gas Turbine Publications (D>P) is the leading and most-respected publisher of information for oil & gas, marine, rail, power generation, compression, on-highway and off-highway, engine-powered equipment markets.
Diesel & Gas Turbine Worldwide,Â a highly respected website covering the global rail, power generation, marine and oil & gas large horsepower reciprocating engine and gas turbine markets, is part of the D>P family of publications.
D>P also publishes COMPRESSORtech2, the leading international magazine for the gas compression industry, as well as Compressor Technology Sourcing Supplement the industryâ€™s #1 source of compression data and specifications.
Diesel Progress, and globally through Diesel Progress International, focuses on the construction and agriculture, power generation and commercial vehicle equipment sectors through its North American magazine, A new title, New Power Progress (for electrification, hybrids and new engine & powertrain technologies), has recently been launched. Each magazineâ€™s circulation is audited by the BPA.
Highly respected D>P directors Mike Osenga and Mike Brezonick have built an unparalleled international reputation for their magazines, directories and websites in these markets. They will continue to lead the company while working closely with Trevor Pease, KHL Americasâ€™ President; and James King, Managing Director of KHL Group.
James King explained, â€œThis is a fantastic opportunity for KHL to grow by acquiring three market leading publications, digital media and directories. Diesel & Gas Turbine Worldwide has a great brand, great heritage and is run by great people. We will build upon the companyâ€™s clear strengths and make it even stronger. Massive technological and environmental changes are underway in these markets. A trusted source of global information is needed now more than at any time in the past.â€
â€œHaving the D>P magazines and websites in the KHL stable is a perfect strategic fit and also provides excellent opportunities to collaborate with KHLâ€™s market research and management consultancy division, Off-Highway Research, which focuses on equipment sales and manufacturing data.â€
King went on to say, â€œThis consolidates KHLâ€™s position as the largest and most-respected provider of international market information. By utilising KHLâ€™s international network of offices, digital expertise and events division, we can quickly develop and expand these already-strong magazine brands.
â€œThis acquisition continues to transform KHL towards its long-term vision of becoming a full-line information, data, events, research, consultancy and communications company. All delivered to our readers in whatever format they prefer to consume it, whether that is digital, print or face-to-face. Right now I cannot think of any better company than D>P to complement KHLâ€™s existing information products.â€
â€œOne of our strategic goals in recent years has been to extend the reach of the many markets we cover.Â Joining with KHL allows us to do that and so much more,â€ said Mike Osenga, president of Diesel & Gas Turbine Publications.Â â€œKHLâ€™s unparalleled global network, as well as their market research, events and management consultancies, are exactly what Diesel & Gas Turbine Publications needs to continue to grow and expand.Â We could not be more pleased to join with KHL, the global information market leader.â€