Italian Exhibition Group Expands North American Reach Via Joint Venture With Deutsche Messe

July 25, 2022

Rimini, Italy-based Italian Exhibition Group (IEG) inked a memorandum of understanding (MoU) with Deutsche Messe to acquire 50% of the German trade show organizer’s companies in the U.S., Mexico and Canada. The 50-50 joint venture is expected to strongly boost the international reach of both companies’ respective show brands and launches in economic sectors covered by both show organizers, according to IEG officials. 

Hannover-based Deutsche Messe and IEG are considered two of Europe’s largest exhibition organizers, boasting pre-COVID turnovers of €355 ($363 US) and €179 ($183 US) million, respectively. 

A total of 10 trade shows will be involved in the venture. 

“With this new and wide-ranging agreement, Deutsche Messe and IEG will add new elements of substantial sharing, making way for a stable and total collaboration that will bring together organizations and expertise, and enhance the value of the activities carried out in the countries covered by the joint venture,” said Corrado Peraboni, CEO of IEG. 

He continued, “The absolutely complementary nature of the portfolios of the two companies is the best prerequisite for the agreement to turn out to be win-win. IEG, in particular, will add the trade show branch to its activity in the United States, which so far has focused on exhibition set-ups through the specialized company, FB International.”

The MoU comes as an extension of an initial business agreement, signed by the two companies in March 2021, to organize a series of events in Mexico.

With a portfolio comprising more than 100 trade shows around the world, Deutsche Messe currently produces eight active shows in Mexico, two of which are already in partnership with IEG: Mexico Active & Sport Expo for the fitness sector and Ecomondo Mexico for the green technologies sector.

The remaining six Mexican shows in Deutsche Messe’s portfolio include:

  • MEM Industrial, a leading trade show for wood processing, woodworking and furniture manufacturing, scheduled for March 7-9, 2023 in Mexico City
  • Agrotech Mexico and World Seafood Industry, taking place simultaneously April 26-28, 2023 in Guadalajara, focusing respectively on technological innovation in the agricultural and aquaculture sectors
  • Solar Power Mexico, a leader in the field of solar energy, scheduled to take place in Leon July 12-14 alongside Ecomondo Mexico
  • Festival del Adulto Mayor GTO, which focuses on wellness for the over-50 market, set for Aug. 4-6 in Leo
  • Industrial Transformation Mexico, dedicated to industry 4.0, scheduled for Oct. 5-7 in Leon

IEG’s reach will expand further into North America via Deutsche Messe’s Canadian and U.S.-based shows.

The German organizer will be hosting its renewable energy-focused show, Electricity Transformation Canada, at the Metro Toronto Convention Centre Oct. 26-28, and Hannover Messe USA, the American edition of the company’s flagship HANNNOVER MESSE show for industrial manufacturing technology innovation, taking place at Chicago’s McCormick Place Sept. 12-17.

According to IEG officials, once finalized, the partnership will involve constituting a joint venture under Italian law that will be based in Rimini and will control the overseas companies. 

IEG, which runs facilities in Rimini and Vicenza, Italy, is no stranger to international expansion activities. Its development of joint ventures with global or local organizers in countries including the U.S., UAE, China, Mexico, Brazil and India have helped position the organizer as one of the top European operators in the sector.

“We are very much looking forward to intensifying our cooperation with IEG as a competent, growth-oriented partner that manages a trade fair portfolio that ideally complements Deutsche Messe AG’s events in the Americas,” said Dr. Jochen Köckler, chairman of the board of management of Deutsche Messe AG. 

She added, “Building on our very fruitful and positive initial experiences of working together in Mexico, we are now taking the next logical step and are aiming to further scale our success story.” 

 

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Partner Voices
Less than six months ago, Lisa Messina joined the Las Vegas Convention and Visitors Authority (LVCVA) as the first-ever chief sales officer after leading the sales team at Caesars Entertainment. A 12-year Las Vegas resident, Messina is a graduate of Cornell University’s School of Hotel Administration and serves on MPI International’s board of directors. TSNN had a chance to catch up with this dynamic leader and talk to her about her vision for the new role, current shifts in the trade show industry, creating more diversity and equity within the organization, and advice to future female leaders. Lisa Messina, Chief Sales Officer, LVCVA With Las Vegas becoming The Greatest Arena on EarthTM, what are some of the things you’re most excited about in your role? Our team was at The Big Game’s handoff ceremony earlier this month, and I couldn’t help but think, “We’re going to crush it next year!”  These high-profile events and venues not only drive excitement, but also provide unmatched opportunities for event planners. Allegiant Stadium hosts events from 10 to 65,000 people and offers on-field experiences. Formula 1 Grand Prix will take place in Las Vegas in November, after the year-one F1 race, the four-story paddock building will be available for buyouts and will also offer daily ride-along experiences that will be available for groups. And, of course, the MSG Sphere officially announced that it will open in September, ahead of schedule, with a U2 residency. It’s going to be the most technologically advanced venue as far as lighting, sound, feel, and even scent, and it will be available for buyouts and next-level sponsorships inside and outside. There’s no ceiling to what you can do when you’re doing events in Las Vegas.  Allegiant Stadium As the trade show and convention business returns to the pre-pandemic levels, what shifts are you noticing and how do you think they will impact the industry going forward? Our trade show organizers are very focused on driving customer experience. Most of our organizers are reporting stronger exhibitor numbers and increased numbers of new exhibitors, with trade shows proving to be almost or above 2019 levels. Now our organizers are really doubling down on driving attendance and focusing on the data to provide that individualized, customized experience to help attendees meet their goals and get the best value. Some companies continue to be cautiously optimistic with their organizational spend when it comes to sending attendees, but I think it will continue to improve. As the U.S. Travel Association makes more progress on the U.S. visa situation, we also expect a growing influx of international attendees. What are some innovative ways the LVCVA helps trade show and convention organizers deliver the most value for their events? We focus on customer experience in the same way that trade show organizers are thinking about it. We got rave reviews with the West Hall Expansion of the Las Vegas Convention Center (LVCC), so over the next two years, we will be renovating the North and the Central halls, which will include not just the same look and feel, but also the digital experiences that can be leveraged for branding and sponsorship opportunities.  Vegas Loop, the underground transportation system designed by The Boring Company, is also a way we have enhanced the customer experience. Vegas Loop at the LVCC has transported more than 900,000 convention attendees across the campus since its 2021 launch. Last summer, Resorts World and The Boring Company opened the first resort stop at the Resorts World Las Vegas , with plans to expand throughout the resort corridor, including downtown Las Vegas, Allegiant Stadium and Harry Reid International Airport. The LVCVA also purchased the Las Vegas Monorail in 2020, the 3.9-mile-long elevated transportation system that connects eight resorts directly to the convention center campus. This is the only rail system in the world that integrates fares directly into show badges and registration. For trade show organizers, these transportation options mean saving time, money and effort when it comes to moving groups from the hotels to LVCC and around the city. Also, the more we can focus on building the infrastructure around the convention center, the more it supports the customer experience and ultimately supports our trade show organizers. Scheduled to debut in Q4, Fontainebleau Las Vegas will offer 3,700 hotel rooms and 550,000 square feet of meeting and convention space next to LVCC.  What are some of the plans for advancing DEI (diversity, equity and inclusion) within your organization? We’re currently partnering with instead of working with a leading consulting firm, to lay the foundation and create a solid DEI plan and be the leader when it comes to DEI initiatives. The heart of that journey with the consulting firm is also talking to our customers about their strategic approaches to DEI and driving innovation in this space.  What are your favorite ways to recharge? My husband and I have an RV and we’re outdoorsy people. So, while we have over 150,000 world-class hotel rooms and renowned restaurants right outside our doorstep, one of my favorite things to do is get out to Red Rock Canyon, the Valley of Fire, and Lake Mead. Five of the top national parks are within a three-hour drive from Las Vegas, so there’s a lot you can do. We love balancing the energy of Las Vegas with nature, and we’re noticing that a lot of attendees add activities off the Strip when they come here.  Valley of Fire What advice would you give to women following leadership paths in destination marketing? I think it’s about being laser-focused on what you want to accomplish; building a team around you that lifts you and helps you achieve your goals; and being humble and realizing that you do it as a group. No one gets this done alone. Thankfully, there are a lot of women in leadership in this organization, in our customers’ organizations, and in this city that we can be really proud of. We’re a formidable force that is making things happen.   This interview has been edited and condensed. This article is exclusively sponsored by the Las Vegas Convention & Visitors Authority. For more information, visit HERE.