Global snapshot
EW explores some regional news highlights in the global exhibitions industry
China – Chinese industrial conglomerate North Star Company Limited announced it has a new set of strategic investors , including GL Events , as it strengthens the capital base of its convention and exhibition subsidiary . North Star Company has brought in Beijing Capital Tourism Group Co ., Beijing Shougang Construction Investment Co ., Jingdong Technology Holding Co ., and GL Events China to a deal that will raise the registered capital of North Star Convention Group from RMB120m ( USD $ 18.5m ) to RMB200m .
France – Organisers of Paris Motor
Show , MONDIAL DE L ’ AUTO , and the EQUIP AUTO trade show have come together to launch Paris Automotive Week set for autumn 2022 . The event will take place at the Paris Expo Porte de Versailles exhibition centre , with MONDIAL DE L ’ AUTO taking place , 17-23 October and providing the B2C highlight of the automotive week . The EQUIP AUTO trade show , which runs 18-22 October , is an international B2B event for after-sales and connected mobility services .
UK – On 12 July , The Daily Mail and
General Trust ( DMGT ), which holds a significant global events portfolio , announced an interdependent series of transactions which , if they proceed , would constitute a major reorganisation of the company and see the Rothermere family - which currently holds around 28 % of the company stock - take DMGT private in a £ 810m ( USD1.1bn ) deal .
Under the proposed deal , DMGT would assume debt of approximately £ 230m for all of the trading and investment businesses of DMGT .
USA – Event tech provider Hopin has continued its acquisition drive with the acquisition of Attendify , the fifth company it has purchased this past year .
Since the beginning of 2020 , Hopin has acquired StreamYard , Streamable , jamm , and Boomset , as well as raising more than USD $ 565m in Series A-C funding .
With the assistance of Attendify , Hopin will introduce Audience CRM , an attendee data platform that will automatically capture engagement , identify intent signals and use event data to drive growth .
6 Issue 4 2021 www . exhibitionworld . co . uk