International event organiser Comexposium has announced the acquisition of a 60% stake in the UK holding company Converse Media, and hopes to expand its growth in both Europe and the Building sector.
Converse Media owns a majority stake in both Insight Events Sweden and Insight Events Denmark, which organise conferences, exhibitions and training courses over a wide range of sectors in Sweden, and Denmark. Leading events in their portfolio include Socionomdagarna, Vehicle Electronics & Connected Services, Upphandlingsforum, Nordic Cash & Treasury Management and the Building Green series.
James Gareh remains the CEO of Converse Media and both Insight Events subsidiaries.
Gareh said he was pleased to have the opportunity to align Converse Media and Insight Events with Comexposium. “I believe there are numerous opportunities for us to pursue both through the sharing of our experience in creating niche events as well as utilizing the breadth of networks and content experience within the Comexposium portfolio,” he said.
Renaud Hamaide, Comexposium chairman, added: “I’m delighted to announce this acquisition, in line with our strategy of international expansion. Thanks to this operation, Comexposium will now have a strong presence in the Nordics. In addition, Comexposium will benefit from Insight Events strong know-how in conference segment. I wish the warmest welcome to the Converse Media and Insight Events teams, and I really look forward to working with them.”
