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Fiera di Vicenza, Rimini Fiera Close Merger
Nov 2, 2016 8:19 AM
By Rapaport News
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RAPAPORT... Fiera di Vicenza and Rimini Fiera completed their merger to create Italian Exhibition Group (IEG). The new entity is now Italy’s largest trade show organizer, the companies said.
The pair confirmed they were in talks
earlier this year and announced they had agreed
to combine their operations in July.
The deal is the first union of trade-show enterprises in
Italy and creates the largest such business in the country by number of
directly organized shows, IEG said. The new company intends to list on a stock
exchange, possibly in spring 2018, it said.
“IEG unites two robust companies that have taken on the
responsibility to develop an industrial project to reap the obvious market
opportunities in Italy and the world,” said Lorenzo Cagnoni, IEG’s president (pictured, right, with vice-president Matteo Marzotto).
IEG’s portfolio includes the VicenzaOro jewelry shows, which were organized by Fiera di Vicenza and take place in Vicenza, Italy, in January and September, as well as Dubai in April. |
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Tags:
Fiera di Vicenza, IEG, Italian Exhibition Group, italy, Lorenzo Cagnoni, Rapaport News, Rimini Fiera, Vicenzaoro
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