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VOLUME -27 NUMBER 10
Publication Date: 10/1/2012
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October 2012 Issue
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CWIEME Manufacturing Exhibitions Acquired by i2i Events Group
London, UK — Top Right Group has reached agreement to acquire the CWIEME exhibitions in Germany, China, India and USA and the Inductica Conferences. The acquisition will enable i2i Events Group to quickly expand the global reach of its portfolio of events, move into a new industry sector and new international markets. Commercial terms of the agreement were not disclosed.
Duncan Painter, CEO Top Right Group, said: "CWIEME is a large, respected global portfolio of events serving a growing $50 billion market. With buyers concentrated in the worldwide automotive, energy and consumer electronics sectors these events will be great additions to the i2i Event portfolio. This acquisition underlines Top Right Group's strategy to act as a catalyst to support growth of our standalone operating companies, particularly internationally." Mark Shashoua, Chief Executive of i2i Events Group said: "This acquisition marks the beginning of an exciting period of international development at i2i Events. With technology constantly developing, this market is projected to show strong growth in the short to medium term. Over the past 17 years, CWIEME has grown into the most successful exhibitions and conferences in their sector and we are delighted to welcome them to the i2i portfolio of global events."
Fair Relations GmbH of Pulheim, Germany brokered this acquisition and advised the seller.
CWIEME had been privately owned and run by Timothy and Joanne House. Timothy has been at the center of the coil winding market for over 40 years and launched CWIEME Berlin as an annual event in 1996 adding Chicago in 2008, Mumbai in 2009 and Shenzhen in 2012. CWIEME Berlin has grown rapidly to become the world's largest international exhibition of its type serving the industrial technology niche of components for electric motors and transformers. More than 730 companies, from some 40+ countries take part in the annual Berlin event covering over 13,000m
of space. CWIEME Shenzhen was launched in the world's largest manufacturing centre as a joint venture with VNU in 2012. The Indian edition was established in Mumbai in 2009 but moves to Bangalore for 2012 to better target the Indian manufacturing and technology industries and CWIEME Chicago takes place every two years. Each event offers attendees free admission to the high technology educational Inductica Conferences, covering both specialist scientific and commercial applications.
i2i Events Group delivers world-class exhibitions, large scale events and festivals in key sectors including home and gift, fashion, retail, healthcare, energy, environment, education, technology, media and creative. Its portfolio of world-wide events includes World Retail Congress, Spring Fair, Naidex, RWM, BVE, BETT and Pure.
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