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Italian Trade Fair Organizers to Combine
Jul 25, 2016 7:24 AM
By Rapaport News
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RAPAPORT... Rimini Fiera and Fiera di Vicenza have agreed to merge and named the executives set to lead the combined company.
The Italy-based trade-fair organizers approved the document
that formally marks the beginning of their merger, according to a joint
statement. Shareholders will be required to giving their consent to the deal by the end of the year.
While the name of the combined entity is yet to be disclosed,
the companies confirmed that Lorenzo Cagnoni, president of Rimini Fiera, will
become president and chief executive officer post-merger. Two members chosen by
Fiera di Vicenza will sit on the board, one of whom will be Matteo Marzotto,
Fiera di Vicenza’s president.
Rimini Fiera and Fiera di Vicenza announced
in May they were discussing a merger with the aim of setting up a national
trade-show organizer which would subsequently be listed on the stock
market.
Fiera di Vicenza organizes the VicenzaOro jewelry show in
January and September in Vicenza, Italy, and VicenzaOro Dubai every April.
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Tags:
Fiera di Vicenza, italy, Rapaport News, Rimini Fiera, trade fairs, Trade Shows, Vicenzaoro
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