Thursday, 17 April 2025
ITALIAN EXHIBITION GROUP (IEG), NEW ACQUISITION IN BRAZIL
• 51% of Fenagra, the International Agroindustry Feed & Food Fair, acquired
• The number of exhibitions in subsidiary IEG Brazil´s portfolio rises to 12
• IEG CEO Peraboni: ´Our turnover is produced in ten different countries around the world.´
• The 18th edition of Fenagra from 13th to 15th May 2025 in São PauloSão Paulo / Rimini 17th April 2025 -
Italian Exhibition Group (IEG) has made an important acquisition on the international exhibition market
by acquiring 51% of Fenagra - the International Agroindustry Feed & Food Fair, organised by Editora Stilo, thus becoming part of subsidiary IEG Brasil´s portfolio. This acquisition is IEG´s most important transaction in Brazil to date: an investment in the core sectors of agribusiness, animal nutrition, oils and fats.
The 18th edition of Fenagra, scheduled to take place
from 13th to 15th May 2025 in the Main Hall of the Anhembi District in São Paulo, will break records with 230 exhibitors from 17 countries (Europe, Asia, South America, the United States and Australia) and a 16,000-square-metre exhibition area
Agribusiness in Brazil is worth USD 170 billion and represents 50% of total exports. Linked to agribusiness is the animal nutrition sector, where Fenagra plays a leading role, which, together with the compound feed market, amounts to approximately USD 45 billion, a value that is forecast to grow by 3% in the next 5 years. South America´s pet food sector alone, with Brazil as the key market, already reports double digit growth every year with a forecast of USD 30 billion in 2025. Furthermore, 50% of all South America´s fats (used in the cosmetics industry), and vegetable oils in particular, is produced in Brazil, mainly going to the biofuel market, the new frontier of a green economy from food waste.
´The challenge of internationality,´ says
IEG CEO Corrado Peraboni, ´is guaranteeing excellent results. Our strategy of geo-cloning our leading products or acquiring others abroad has proved successful. Our turnover is now produced in ten different countries around the world from Brazil to Mexico, the Arab Emirates, Saudi Arabia, Dubai, Singapore, China, Canada and the United States. We are currently consolidating some 20 trade shows abroad with consequent business spin-offs in our Italian territories.´
´We aim to increase Fenagra´s visibility,´ echoes
Graziano Messana, head of IEG´s operations in Brazil, ´in favour of exhibitors and visitors. Agribusiness has many relevant points of contact with IEG´s central areas, such as sustainability and innovation. Besides entering a new sector, we are also providing our know-how in order to enhance the event and offer even greater value to the market.´
As
Carlo Costa,
IEG Brasil´s President and
IEG CCO, and
Francesco Santa,
IEG´s International Business Development Director, explain: ´The decision to acquire Fenagra is part of IEG Group´s expansion plan aimed at strengthening its global presence in strategic sectors. This operation involved a complex ten months´ work and reflects our strategic line of diversification in markets to make our Group increasingly resilient.´
With a turnover in Brazil of around 30 million Reals, in the last two years, IEG already acquired 100% of Expo InfraFM and MundoGeo, confirming its aim to become one of the top five exhibition organisers in the country. It now has a portfolio of 12 trade shows in the civil construction, fixtures, surface treatment, geotechnology, drone, space, facility management and health and nutrition sectors: Fesqua, Fesqua Vetro, Ebrats, Feipat, DroneShow, MundoGEO Connect, SpaceBR, e-VTOL, Expo InfraFM, Smart City Business Brazil and Fenagra.
PRESS CONTACT ITALIAN EXHIBITION GROUP |
media@iegexpo.ithead of corporate communication & media relation: Elisabetta Vitali| press office manager: Marco Forcellini, Pier Francesco Bellini | international press office coordinator: Silvia Giorgi | press office coordinator: Luca Paganin | press office specialist: Nicoletta Evangelisti, Mirko Malgieri
This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.
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