Friday, January 30, 2015
News this week: Earlier this week, UBM Asia announced the acquisition of digital textile printing trade show China (Shanghai) International Printing Industry Expo (CSTPF) from SUNEXPO Exhibition. UBM added that Mr. Gong Changming, general manager of CSTPF, will continue to lead the CSTPF staff and the team will join UBM China’s Shanghai office. Financial details of the deal were not disclosed.
CSTPF was launched by SUNEXPO in 2009. The 2013 edition of CSTPF attracted 158 exhibitors and occupied gross space of 12,000 m2 at the Shanghai New International Expo Centre (SNIEC). More than 15,200 visitors and buyers attended the show, including overseas visitors from Italy, the U.S., U.K., Germany, France, Japan, Korea, Russia, India, Thailand, and Iran.
Jimé Essink, president & CEO of UBM Asia, commented, “We are entering a dynamic new sector through the acquisition of CSTPF. Textile and apparel is one of the largest and most important industries in China. The development of digital printing has accelerated with the drive for innovation and technological transformation in China to upgrade this industry. Today’s fast fashion characterised by small lot and customised printing adds further demand for digital printing.”