Friday, January 24, 2014

Diversified Communications acquires Thailand’s Kavin Intertrade

News this week: Diversified Communications has announced the acquisition of Bangkok-based exhibition organiser Kavin Intertrade Co., Ltd. for an undisclosed amount. After the acquisition, Diversified will maintain a team of 20 employees in Thailand.

The acquisition of Kavin will add a total of seven trade and consumer events to Diversified’s portfolio – including the Thai Franchise & SME Expo (FSE), Thailand Franchise & Business Opportunities (TFBO), Thailand Retail, Food & Hospitality Services (TRAFS).

Daniel Hildreth, chairman of Diversified’s Board of Directors, remarked, “It is exciting to kick off the New Year with an acquisition that brings us to a new region and even more impressive when we consider the ten product launches planned for 2014 and the five acquisitions we closed in 2013. This is all part of a long-term growth strategy, now being finessed and driven by Ted Wirth, Diversified’s president and CEO.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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