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SMG and
AEG Facilities
to merge
AEG has announced a merger of
its venue management
subsidiary AEG Facilities with
SMG.
The move creates a new
standalone global facility
management company – ASM
Global.
SMG is an Onex portfolio
company and Onex and AEG’s
subsidiary will each own 50% of
the new entity, following the
completion of the transaction.
The terms of the deal were not
disclosed.
The new diversified portfolio
includes arenas, stadiums,
convention centres and
performing arts centres, with
more than 310 venues across five
continents.
Wes Westley, Chief Executive
Officer and President of SMG,
said: “This merger is a major
step for our industry. We are
excited to bring together these
complementary businesses to
further elevate the standard of
excellence in venue
management.
“We plan to accelerate
innovation by combining our
expertise to deliver increased
value and offer enhanced
capabilities to municipalities and
venue owners worldwide.
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“At the same time, we expect
that this transaction will offer
employees at both our corporate
headquarters and field
operations tremendous new
opportunities.”
Bob Newman, current
President of AEG Facilities and
formerly a Regional
Vice-President at SMG, added:
“This transaction draws upon
the depth of our combined talent
and resources to create an
organisation that will deliver
high value and long-term
success, as well as innovative
services to our clients around
the world.”
Confex, EPS and PA Show expand into ExCeL for 2020
Mash Media Managing Director
Julian Agostini has announced
that the company’s premier
exhibitions - International
Confex, Event Production Show
and PA Show - will move to
ExCeL London next year, taking
place, 25-26 February 2020.
Agostini highlighted that the
team at Mash Media has been
considering a number of options
to further develop and enhance
the events that have run at
Olympia since 2013, and felt that
the facilities and surroundings at
ExCeL London would provide
the best opportunity to realise
the growing ambitions of each of
the events. Combined, the three
shows deliver the largest
gathering of event professionals
annually in the UK.
The move to ExCeL London
will provide the backdrop for the
development of UK Events
Week, which will bring a
dedicated focus for the UK’s
10 /
meetings, events and exhibition
industries - worth an estimated
£43bn (US$55.5bn) annually to
the UK economy.
Liz Agostini, Event Director,
International Confex
commented: “We thank the team
at Olympia for their support
since we brought International
Confex into the Mash Media
Group back in 2013, but we felt
that the opportunity to bring our
events to the world-class facility
that is ExCeL London would
provide the best platform to
develop all three events into
something more representative
of the UK’s creative abilities
across the sectors they serve.
“One of the crucial aspects of
the move is the partnership we
can build with the team at
ExCeL London, who are
committed to working with us in
developing the future strategy
for International Confex,
complementing its own domestic
CONFERENCE & MEETINGS WORLD
/
ISSUE 99
and international business
development strategy.”
An Advisory Board will be set
up to ensure International
Confex develops and grows in
line with changing customer
needs.
James Rees, Executive
Director – Conference & Events,
and ICCA President, added: “It is
the perfect time for International
Confex to move to ExCeL
London. In recent years, we have
seen exponential growth in our
meetings and congress business,
and this relocation gives us a
fantastic opportunity to work
with Mash Media to promote
and enhance the UK’s meetings
industry.”