Preliminary contract signed for the acquisition of 60% of MADE Eventi S.r.l., organiser of the MADE expo exhibition

17/07/2019

  • The transaction fits perfectly with the strategic guidelines of the 2018-2022 Plan, moving towards the strengthening of the portfolio of directly organised exhibitions in one of the country’s strategic sectors
  • The event ensures portfolio synergy, in particular with the biennial Sicurezza and FISP exhibitions, organised respectively in Italy and Brazil
  • The agreed purchase price is Euro 1.86 million

 

Fiera Milano S.p.A. (“Fiera Milano”) announces that today it has signed a preliminary binding contract for the acquisition of 60% of the company MADE Eventi S.r.l. (“MADE eventi”) from Federlegno Arredo Eventi S.p.A. (“Federlegno Arredo Eventi”).

MADE eventi organises MADE expo, the international biennial architecture and construction exhibition for designers, companies, buyers and specialist operators, held at the Fiera Milano exhibition site in Rho. The event comprises four exhibition areas: MADE Constructions and Materials, MADE Building Envelope and Windows, MADE Interiors and Finishes, and MADE Software, Technologies and Services. MADE expo is a key event for the construction market which, according to the recent ANCE Report, had an estimated value of Euro 128 billion in 2018, up 1.5% compared to the previous year.