Tarsus busy in Asia

Douglas Emslie and his colleagues have been busy with two Asia announcements in one week from Tarsus, the UK-based exhibitions group. First, we heard earlier in the week that they're hooking up with Montgomery in India. Although details in the press release were a bit thin, they've made "a significant investment" and acquired a shareholding in Montgomery India Ltd.

Today, there's another Tarsus press release in my e-mail (not on the web site yet although you can download it here). This time the focus is China and an "an extension of its strategic partnership with Shanghai Modern International Exhibition Company". The press release says "This strengthened partnership will focus on growing existing events and the launch of new products targeting the automotive, promotional merchandize, printing, packaging, advertising & sign making industries. Following a successful first year of cooperation, significant new business opportunities are predicted for both parties with increased levels of international and local participation across the portfolio".

This seems to mark a significant break-out from the key industries on which Tarsus has been focusing and certainly gives clear sign to the Tarsus shareholders including Blenheim Exhibitions founder Neville Buch.