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Dealmakers - collaboration is in
Steve Monnington, managing director of Mayfield Media Strategies, runs the roost over the latest mergers and acquisitions.
The theme running through the few transactions that have taken place in the last two months is ‘collaboration’ and, given the difficult situation that companies find themselves in as a result of the pandemic, I’m sure that we will be seeing more of these.
Nexus Point, an Asian private equity fund with a focus on strategic opportunities in China, has agreed to invest up to €192m in GL Events Greater China in two tranches over the next two years. GL Events announced their 2020 results with an overall 59% drop in revenue from 2019. Unsurprisingly, all three areas of their business – Live, Exhibitions and Venues - showed significant decreases with exhibition revenue down 70% from €231m to €68m.
MalaysiaNevadaUnited-statesUnited-kingdomTexasSingaporeBogotaCundinamarcaColombiaChinaBostonMassachusetts Around 17,000 registered visitors from 155 nations logged in to attend the 17th Virtual.Drupa 2021, the first-ever of its kind since 1951. The first day was packed with 660 minutes of “inspiring” and “cutting-edge” topics in the Conference Area, and 930 minutes of Live Web Sessions and networked with 212 exhibitors from 45 countries in the Exhibition Space and Matchmaking Plaza.
The first day of the show has recorded 2,22,000 page impression from the world over of which 7,500 visitors took part in the Conference programme alone.
At the Virtual.Drupa 2021, the international print and packaging community will have the opportunity to participate in keynotes, panel discussions and live web sessions until 23 April 2021. Major global players as exhibitors and virtual.drupa event partners – including Bobst, DuPont de Nemours, Electronics For Imaging, Esko, Fujifilm, Heidelberger Druckmaschinen, HP, IST Metz, Koenig & Bauer, Kodak, Komori, Konica Minolta, Kurz, Kyocera, Landa, Siemens, Stora Enso, Windmöller & Hölscher, and Xeikon among others.
Sabine-geldermannHeidelberger-druckmaschinenKoenig-bauerSiemensKodakVideo-libraryStora-ensoKonica-minoltaFujifilmKyoceraVirtual-drupaDupont-de-nemoursETT Club springs into action with three valuable April sessions for exhibition professionals
The Exhibition Think Tank (ETT) Club has three more events for the diary in the coming week.
First up, on 14 April at 14.00 GST (11.00 UK Time), is a panel discussion:
Three big guns of the gulf exhibition industry will take part, including Ashley Roberts, GM OmanExpo; Lisa Hannant, group MD, Clarion Events Ltd, and Nathan Waugh, portfolio director exhibition department, Dubai World Trade Centre.
The discussion is part of its project ‘ETT Journey to reopen the exhibition industry’ and will cover three main topics:
Events – Greater visitor centricity
MilanoLombardiaItalyChinaGermanyShanghaiUnited-kingdomThorsten-hilberNathan-waughCinzia-zaninMichael-kruppeAshley-robertsMEDICAlliance under new leadership Ã
Messe Dusseldorf
Grosser follows Horst Giesen, who retired at the end of 2020, and will manage the worldâs largest medical trade fair, MEDICA, and the international leading industry supplier trade fair COMPAMED. He will take responsibility for the strategic alignment of Messe Düsseldorfâs global medical trade fair activities which are brought together under the MEDICAlliance umbrella brand. Among these are the MEDICAL FAIR INDIA (Mumbai/New Delhi), the MEDICAL FAIR ASIA (Singapore), the MEDICAL FAIR THAILAND (Bangkok) and the MEDICAL FAIR BRASIL (Sao Paulo).
Grosser said: âIâm looking forward to making the events an even greater success over the coming years, together with the team, our customers and partners, despite whatever this era throws at us.â
Sao-pauloSãpauloBrazilBangkokKrung-thep-mahanakhonThailandMumbaiMaharashtraIndiaSingaporeHorst-giesenChristian-grosser