Comexposium has acquired a 60 per cent stake in the UK holding company Converse Media. Through this operation, Comexposium reinforces its position in Europe and particularly in the Nordics as well and expands its growth opportunities within the Building sector.
Converse Media, a B2B industry events specialist, owns a majority stake in both Insight Events Sweden and Insight Events Denmark, which organize exhibitions, conferences and training courses over a wide range of sectors in Sweden and Denmark.
James Gareh, Insight Events CEO, said: “I am very pleased to have the opportunity to align Converse Media and Insight Events with Comexposium.
“I believe there are numerous opportunities for us to pursue both through the sharing of our experience in creating niche events as well as utilizing the breadth of networks and content experience within the Comexposium portfolio.”
James Gareh remains the CEO of Converse Media and both Insight Events subsidiaries. Gareh and his team will continue with the current growth strategy of the businesses identifying areas for accelerated growth arising through the Comexposium Group partnership.
James Gareh, Insight Events CEO, said: “I am very pleased to have the opportunity to align Converse Media and Insight Events with Comexposium.
“I believe there are numerous opportunities for us to pursue both through the sharing of our experience in creating niche events as well as utilizing the breadth of networks and content experience within the Comexposium portfolio.”
Renaud Hamaide, Comexposium chairman, said: “I’m delighted to announce this acquisition, in line with our strategy of international expansion. Thanks to this operation, Comexposium will now have a strong presence in the Nordics. In addition, Comexposium will benefit from Insight Events strong know- how in conference segment. I wish the warmest welcome to the Converse Media and Insight Events teams, and I really look forward to working with them.”
Leading events in Converse Media portfolio include Socionomdagarna, Vehicle Electronics & Connected Services, Upphandlingsforum, Nordic Cash & Treasury Management and the Building Green series.
The Comexposium Group is involved in more than 170 B2C and B2B events across 11 different sectors, including food, agriculture, fashion, security, digital, construction, high-tech, optics and transport.
The group hosts more than 3 million visitors and 45,000 exhibitors in 26 countries around the world. It operates across 30+ global economic growth zones, such as: Algeria, Argentina, Australia, Belgium, Canada, China, Denmark, France, Germany, India, Indonesia, Italy, Japan, Korea, Monaco, Netherlands, New Zealand, Philippines, Qatar, Russia, Singapore, Spain, Sweden, Thailand, Turkey, UAE, UK, USA.
