Acquisition of Krasnodar Expo expands ITE’s presence in Russia’s Regions
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Krasnodar Expo is a significant exhibition business based in the South of the country. Its portfolio consists of more than twenty annual exhibitions that collectively cover around 50,000 net square metres. The largest events serve the construction and agriculture industries, amongst others, and the portfolio is broadly complementary to ITE’s existing events.
Commenting on the acquisition, ITE’s Chief Executive Officer, Russell Taylor, said:
"Krasnodar Expo has a strong market position in the South of Russia which fits well with ITE’s current business. This addition is consistent with our strategy of expanding our regional presence in the country, and together with our Moscow, St. Petersburg and Novosibirsk businesses gives ITE good overall coverage of the principal commercial regions of Russia."