Comexposium acquires Euromoney’s wine exhibitions portfolio

October 31, 2017 — Fusion DigiNet

WBWEComexposium Holding SAS, the French exhibitions has acquires Adhesion Group S.A. and its 74% stake in World Bulk Wine Exhibition, S.L. from Euromoney Institutional Investor PLC. Comexposium also completed a transaction to acquire 16% stake of World Bulk Wine Exhibition from Pomona Keepers S.L. to own a 90% stake of the event.

Adhesion Group is a Paris-based exhibitions business which Euromoney has owned for over 20 years. Its principal event, Vinisud, is the international trade fair for Mediterranean wines, the world’s leading wine region, and it attracts around 1,650 exhibitors from countries around the Mediterranean. World Bulk Wine Exhibition runs in Amsterdam each November and is the number one event for buyers of bulk wine. The deal also includes three events World Wine Meetings (one-to-one events on wine), Top Transport (one- to-one event on Transport & Logistics) and MedFEL (one-to-one event on Mediterranean Fruit & Vegetables).

Commenting on the transaction, Renaud Hamaide, Chairman of Comexposium, said:

“Comexposium is continuing to build businesses in strategically important industry sectors and the acquisition of Adhesion Group and World Bulk Wine Exhibition increases our presence in the wine sector. This move is confirming the group’s ambitions to expand internationally its operations in markets with further potential for growth. I am delighted that Ahmad Monhem, Vincente José Sanchez-Migallon, Otilia Romero de Condes and their respective teams will be working with Comexposium to strengthen our presence in 3 sectors: Wine, Transportation, Fruit & Vegetables.”

France, Paris & UK, London

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