São Paulo: IEG acquires InfraFM Expo and enters the facility management market

InfraFM Expo is therefore an event that provides solutions, trends and technologies for the management of condominiums, facilities, properties and workplaces through the philosophy of general contractors. InfraFM Expo is thereforean event that provides solutions, trends and technologies for the management of condominiums, facilities, properties and workplaces through the philosophy of general contractors. "Thanks to this acquisition," saysIEG CEO,Corrado Peraboni , "we are entering a...

Brazil, 03/06/2024 (informazione.it - comunicati stampa - editoria e media)

InfraFM Expo is therefore .

"Thanks to this acquisition," says , "we are entering a market worth €70 billion in Brazil which is expected to exceed €2 trillion worldwide by 2025. We have ambitious plans and aim to be one of the top five exhibition organisers in the country."

"In 2023," , , "we acquired 100% of MundoGeo, bringing together four sectors: drones, space, geolocation and eVtol ("flying machines"). The event grew by 50% in the first edition under our management. We foresee similar high development potential for INFRA FM, also thanks to constant collaboration with its founder."

"'In addition to the aforementioned trade shows," , "our Group, which started operating in Brazil in 2022, also organises Fesqua, Ebrats and BTFF with a product portfolio that covers a varied and strategic range of sectors from wellness to civil construction."

In 2023, Italian Exhibition Group recorded revenues of €212.4 million (+32% compared to the previous year), with an EBITDA of €49.5 million.

: Elisabetta Vitali | Marco Forcellini , Pier Francesco Bellini | : Silvia Giorgi , media@iegexpo.it , +390541744814

 

View original content: https://www.prnewswire.co.uk/news-releases/sao-paulo-ieg-acquires-infrafm-expo-and-enters-the-facility-management-market-302161797.html