ITE and Messe Frankfurt acquire Comtrans and Autotrans
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ITE and Messe Frankfurt have joined forces to each acquire a 50 percent stake in the Moscow-based trade events for commercial vehicles, buses and special vehicles, Comtrans and Autotrans. The new Joint Venture organising company will be named ITEMF Expo AO.
ITE’s Chief Executive Officer, Russell Taylor, said. “Comtrans and Autotrans are the most important events in the Russian commercial vehicle sector. ITE’s and Messe Frankfurt’s international sales and marketing capabilities will give them a further boost. At the same time, we are pleased to be strengthening our partnership with Messe Frankfurt, with whom we have been working successfully for several years on MIMS Automechanika Moscow.”
Wolfgang Marzin, President and Chief Executive Officer of Messe Frankfurt Group said. “Russia remains one of the key global markets for the trade fair sector. Comtrans and Autotrans are the most successful commercial vehicle trade fairs in Russia and the CIS covering the entire spectrum of commercial and special vehicles, vehicle parts, transport, warehousing and logistics. This is an excellent basis and both events allow us to strengthen our position in the Russian market substantially.”
Since 2000, Comtrans and Autotrans have developed into market leaders in Russia. In September 2013, Comtrans attracted 447 exhibitors and over 25,000 visitors. A total of 160 exhibitors and 4,873 visitors participated at Autotrans 2014.
The next Comtrans event is scheduled to take place from 8th to 12th September 2015 at the International Exhibition Center Crocus Expo, Moscow.