Globus
Events and Hannover Milano Fairs Shanghai β the joint venture of Deutsche Messe
and Fiera Milano in China β have announced the establishment of DACF
Exhibitions Shanghai Ltd. The new company, owned by both parties, will continue
to organize DOMOTEX asia/CHINAFLOOR, the largest flooring exhibition in
the Asia-Pacific region. The agreement was signed on January 8, during the 20th
China Expo Forum for International Cooperation (CEFCO), held in Tianjin from
January 8 to 10, 2025.
The new
joint venture will also focus on expanding business opportunities in sectors of
mutual interest within China and across the broader APAC region. In todayβs
complex global landscape, this investment underscores the commitment of both
foreign-owned organizers to deepen their presence and influence in the Chinese
market. Leveraging the combined resources and expertise of both parties, DACF
Exhibitions Shanghai says it aims to foster upstream and downstream synergies
within the flooring industry value chain and support its multidimensional
growth. (As per source)
https://exhibitionnews.uk/globus-events-forms-jv-with-hannover-milano-fairs-shanghai/