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EUROMONEY ACQUIRES TWO GRAIN TRADING CONFERENCES posted on: 2/3/2012 10:06:21
WORLD - International conference organiser and media group Euromoney has acquired two international grain trading conferences: Global Grain Geneva and Global Grain Asia.
The gross asset value of the two companies acquired is put at US$1.12m.
The Geneva conference, held annually in November, has grown since its inception in 2003 to a conference attracting 1,000 delegates from more than 50 countries.
Global Grain Asia is a new event designed to serve agricultural grain and oilseed traders in the Asia-Pacific region. It launches in March in Singapore.
Euromoney Chairman Padraic Fallon said he was “delighted” to make the acquisitions.
“Euromoney has a successful record of acquiring conferences and developing them into fast-growing global event businesses,” said Fallon. “The company expects that this move will likely have neutral earning potential in 2012, however it is anticipated that earnings will grow thereafter.”
EUROPE - Conference organiser and event management software specialist Xing Events has launched its fourth annual online survey among event organisers on the subject of social media within the event industry.
AMERICAS - International Association of Conference Centres-Americas handed out its annual awards and scholarships at the 33rd IACC-Americas annual conference at Pacific Palms Resort in Los Angeles recently.
EUROPE - Scotland's Aberdeen Exhibition and Conference Centre (AECC), in partnership with the James Hutton Institute, has announced that the European Society for Rural Sociology (ESRS) has chosen Aberdeen as the host City for its 2015 congress.
EUROPE - Amsterdam RAI posted a 2013 net profit of US$4.56m (2012: $2.9m). The venue management says the increased profits resulted from an exceptional conference year and growth in the RAI's international activities.