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.”
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