Australia and NZ exhibitions, including designEX and Build NZ, will be unaffected by the sale of dmg world media.
Today, dmg world media announced it has received substantial interest from both local and international parties in the sale of its Australia and New Zealand show portfolio (comprising 15 trade and consumer shows). The sale process is scheduled for completion by end-November 2009.
After developing and producing the shows over ten years, dmg world media is seeking a buyer with the relevant expertise to continue their successful growth.
Australian dmg world media commercial director, Edward Owens, said that all 2010, 2011 events and beyond, which include Australia’s designEX and Form & Function, together with Build NZ / designEX NZ and the Auckland, Auckland Autumn and Canterbury Home Shows in New Zealand, are completely unaffected by the impending sale.
Owens also said that the recent 2009 designEX and Form & Function in May had strong rebooking figures post-event, and it is anticipated that these shows will only strengthen over time.
dmg world media entered the Australia and New Zealand markets in 1999, when it purchased XPO in New Zealand and ATE and Riddell’s in Australia.
The Australia and New Zealand show portfolio is being sold as dmg world media follows a new strategic focus on emerging markets and the technology sector The group is retaining its technology and digital marketing business in Sydney, which includes the ad:tech, iMedia and Evanta brands.
dmg world media is an international trade show producer with principal operations across North America, Europe and Asia. dmg world media is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT).