News this week: Earlier
this week, the ITE Group announced its acquisition of Australian media group, Baird
Maritime’s event business. Financial
details of the transaction were not disclosed.
Baird Maritime’s portfolio
of events includes the Asian Workboat exhibition in Singapore and China Maritime in Hong Kong. Upon completion of the
transaction, ITE will move operational management of the events to its office
in Hong Kong. Neil Baird, will reportedly retain an active role in the business
for at least two years.
At the same time,
ITE also announced the launch of a new event, TransAsia, a trade exhibition for
the transport and
logistics segment in Southeast
Asia. The event will be held in November 2014 at the Suntec
Centre in Singapore and it
will focus on transport
services for professionals from across the ASEAN region.
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