LONDON, Oct. 17 /PRNewswire-FirstCall/ -- CMP Asia's Chinese joint venture
business CMP Sinoexpo has joined with BolognaFiere - a longstanding strategic
partner - to organise two major trade fairs in China. CMP Sinoexpo is
contributing Expo Build China and Ceramics, Tile and Sanitary Ware China,
which are both held annually in Shanghai in April. BolognaFiere is paying
US$1.1m for an initial 35% stake in the joint venture - with an option to take
a further 5% stake.
CMP Sinoexpo is enthusiastic about the joint venture as the combination of
BolognaFiere's leading position in the construction industry in Europe and CMP
Sinoexpo's strong position in China will drive the development of the leading
Expo Build and Ceramics shows in the growing Asian market. The joint venture
also plans to organise more fairs serving the construction industry.
Notes:
Expo Build China will be staged for the 12th time from 6 - 9 April 2004 at
the Shanghai New International Expo Centre (SNIEC). Previously operated by CMP
Sinoexpo under a different brand name, the fair is the foremost showcase and
trade platform for medium and high-end construction materials for the fastest
growing world market, China, especially the huge East China market.
Running at the same time and place with Expo Build China is Ceramics, Tile
& Sanitary Ware China, the largest fair for ceramic tiles and sanitary
products in China. Co-organised by the China Building Ceramics & Sanitary
Ware Association, it is the only trade fair in East China that the association
supports, ensuring the participation of their members who are China's leading
manufacturers. Together, the fairs take up over 35,000 sqm of exhibition
space and attract more than 500 exhibiting companies and 40,000 visitors.
CMP Asia is a leading trade fair organiser in the region. It has over 70
trade fairs, including Asia's largest jewellery, leather and beauty events.
The key industries served by CMP Asia are: jewellery and gift, leather and
fashion, beauty and health, cruise and maritime, industrial technology,
furniture, building, information technology, food, hotel and leisure,
pharmaceutical, paper and packaging, nonwovens and aquatic. Operating through
its headquarters in Hong Kong, CMP Asia has 400 staff in 11 major cities in
Asia and the USA. CMP Asia is owned by United Business Media plc, UK.
United Business Media plc (http://www.unitedbusinessmedia.com) is a
leading provider of business information services to the technology,
healthcare, media, automotive and financial services industries. UBM offers
services in market research, consultancy, news distribution, publishing and
events to customers across the globe. Its brands include NOP World, one of
the largest market research groups globally; PR Newswire, the world's leading
corporate news distribution service and CMP, the B2B media and exhibition
group operating in high-tech, healthcare, property, entertainment jewellery &
fashion in the US, UK, Asia and Europe.
BolognaFiere is one of the world's leading Trade Fairs centers, As a
useful business platform hosting major Trade Fairs, each year the BolognaFiere
Group organise 60 trade fairs; caters for some 25,897 exhibitors and nearly
1,800,000 international operators. The BolognaFiere national and
international key business sectors are: Construction and Home Decor - Leather
and Shoes - Art and Culture - Beauty - Technology, Industry and Services -
Health and Leisure.
In addition to its core exhibition business, BolognaFiere also coordinates
different companies created to conduct specific activities connected with
exhibition and conference activity. BolognaFiere Group today means: three
trade fairs venues in Italy, a company specialising in international business,
a professional congress organiser and a specialised web company.
SOURCE United Business Media plc
 back to top
Related links:
http://www.unitedbusinessmedia.com
CONTACT:
Michael Waring, +44-20-7921-5031, or Nick
Molden, +44-20-7921-5097, both of United Business Media; or Colin
Browne of The Maitland Consultancy, +44-20-7379-5151, for United
Business Media; or Jennifer Law of CMP Asia, +852-2516-1691
|
