Comexposium has reached a binding agreement to acquire Adhesion Group S.A. and its 74% stake in World Bulk Wine Exhibition, S.L. from Euromoney Institutional Investor PLC (“Euromoney”), the international business information and events group.
Comexposium also completed a transaction to acquire 16% stake of World Bulk Wine Exhibition from Pomona Keepers S.L. to own a 90% stake of the event.
This move is confirming the group's ambitions to expand internationally its operations in markets with further potential for growth.
Adhesion Group is a Paris-based exhibitions business, Its principal event, Vinisud, is the international trade fair for Mediterranean wines, the world’s leading wine region.
World Bulk Wine Exhibition runs in Amsterdam each November and is the number one event for buyers of bulk wine.
The deal also includes fourth leading events World Wine Meetings (one-to-one events on wine in Paris, Singapore, Chicago and San Francisco), Top Transport (one-to-one event on Transport & Logistics) and MedFEL (one-to-one event on Mediterranean Fruit & Vegetables).