ITE establishes Joint Venture with ECMI to Develop ASEAN Events
ITE Group has today acquired a 50% stake in the pan–ASEAN professional beauty event series ‘Cosmobeauté’ and the laboratory equipment ‘Lab’ exhibitions from Malaysia-based ECMI Trade Fairs S.E.A Sdn Bhd (ECMI). These events have taken place in Malaysia, Indonesia and Vietnam for almost a decade.
This move includes the formation of a joint venture company, ECMI ITE Asia Sdn Bhd, to develop new exhibitions in the ASEAN region with a particular focus on Indonesia, Vietnam and Myanmar.
ITE‘s CEO Russell Taylor commented: “I am delighted to be joining forces with ECMI to further extend ITE’s regional reach. Our success of developing international standard events in growing and emerging markets, combined with ECMI’s local expertise makes this an exciting partnership in one of ITE’s focus regions”.
For further information, please contact:
Mark Temple Smith
+44 207 596 5192
General Press Enquiries:
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Head of Marketing – ITE Group plc
+44 20 7596 5087