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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Fiera Milano SpA Finalizes Acquisition of 75% of Worldex (China) Exhibition & Promotion Ltd.

Wednesday, 15 May 2013 05:26am EDT 

Fiera Milano SpA announced that it has, on May 15, 2013, finalized completion of procedures to acquire 75% of the share capital of the Chinese exhibition company Worldex (China) Exhibition & Promotion Ltd., into which have been conferred the assets of the company Guangzhou Shi Zhan Exhibition Service Co. Ltd. and its subsidiary Hainan Shi Zhan Exhibition Co. Ltd. Worldex (China), which is present mainly in the Chinese provinces of Guangdong and Hainan, has a portfolio of seven exhibitions, of which four in the agrifood, professional hospitality and energy saving technology sectors, one in India in the machinery sector, one in Thailand in the furniture and consumer electronics sectors. In 2014 the Company will launch an exhibition in Brazil in the furniture and construction materials sectors. Worldex (China) also supplies specialist services linked to exhibitions, including stand-fitting services. This acquisition takes the total number of exhibitions organized by Fiera Milano outside Italy to 81, of which 21 are in China. 

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19 Sep 2014