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Globus Events forms JV with Hannover Milano Fairs Shanghai

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 today’s 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/ 

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