Friday, August 09, 2013

UBM Sinoexpo acquires stake in Epica’s Starch Exhibition

News this week: UBM Sinoexpo, a joint venture company between Shanghai Sinoexpo International Exhibition and UBM Asia, has acquired a majority stake in the China (Shanghai) International Starch & Starch Derivatives Exhibition (Starch Exhibition) and its co-located sister show International Starch Sugar Products Exhibition from Shanghai-based Epica Exhibition. Financial details of the transaction were not disclosed.

According to UBM, the staff team of Starch Exhibition will move into the UBM Sinoexpo office and work alongside UBM Sinoexpo’s Ingredients team. UBM Sinoexpo will take over as organiser of the show beginning in 2014 – where it will be co-located with two other ingredients show organised by UBM at the Shanghai New International Expo Centre (SNIEC) from 26th to 28th June 2014.

Zhang Xue Qiang, managing director of UBM Sinoexpo, said, “Our annual CPhI China and Food Ingredients Asia trade fairs in Shanghai are the leading events of their kind in China, attracting 30,000 and 11,600 visitors respectively this June. The Starch Exhibition is a valuable addition to our ingredients portfolio. This co-location will be to the benefit of all exhibitors reaching an increasing number of buyers, at an enlarged and specialised ingredients sourcing platform.”

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