ITALIAN EXHIBITION GROUP: CONTROL ACQUIRED OF STAND FITTERS PROSTAND AND COLORCOM WITH 5000 CLIENTS IN ITALY AND EUROPE

Italian Exhibition Group (IEG) continues its strategy aimed at an increasingly solid coverage of the stand fitting sector, after it was announced on 1st March that it had acquired 51% of FB International Inc., a US company with branches in New Jersey and Nevada.

Now another important phase in the process that aims at ensuring IEG the control of expo and conference service companies, with a view to monitoring and therefore ensuring exhibiting companies the utmost quality.
IEG has purchased 60% of stand fitting company Prostand, headquartered in Poggio Torriana di Rimini, which simultaneously took over 100% of Colorcom Allestimenti Fieristici (which has branches in Vicenza and Milan). The operation has resulted in the formation of a new platform in the stand fitting sector, with a portfolio of 5000 clients in Italy and Europe.

By means of this operation, IEG qualifies vertical integration supporting its core business of expo organization and the diversification of its business in the context of ancillary services with a high added value.


Focus on Italian Exhibition Group
Italian Exhibition Group (IEG), with structures in Rimini and Vicenza, is leader in Italy for organized trade fairs and among the main European operators in the exhibition and congress sector. IEG Group specializes in organizing events in five categories: Food & Beverage; Jewellery & Fashion; Tourism, Hospitality and Lifestyle; Wellness and Leisure; Green & Technology. In recent years, IEG has embarked on an important path of expansion abroad, also through the establishing of joint ventures with local operators (for example in the USA, United Arab Emirates and in China). IEG closed the 2017 financial reports with total consolidated revenues of 130.7 million euro, an EBITDA of 23.2 million and a consolidated net profit of 9.2 million. In 2017, IEG, in the exhibition and congress venues of Rimini and Vicenza, totaled 50 organized or hosted events and 206 congress events. https://en.iegexpo.it/



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