press release
RIMINI FIERA AND FIERA DI VICENZA SIGN A LETTER OF INTENT
WITH THE GOAL OF INTEGRATING THE TWO COMPANIES
- The ultimate objective of the agreement the creation ofa national trade show organizer that will be listed on the stock exchange.
Rimini - Vicenza, May 9th2016 - Rimini Fiera S.p.A. and Fiera di Vicenza S.p.A., two leading Italian trade fair organisers,have signed a letter of intent to reach an exclusive agreement, according to which they willexamine the feasibility of an operationthat willintegratethe two companies.
Their ultimate objective is to establishthe country’sprimary nationaltrade show organizer, which also willbe active internationally. The letter of intent also confirms theirintention to list the new company on the stock exchangewithin an established timeframe.
Lorenzo Cagnoni, President of Rimini Fiera S.p.A.:“These are the preconditionsfor a whole new operation in the trade showsector. It's an operation that will brings together two strong, healthy businesses with separate but complementary roles. These are two companies that focus on the development of industrial projects,creatingclear market opportunities. Thiswillprovide them both with significantly greater dimensions and volumes of business”.
Matteo Marzotto, President of Fiera di Vicenza S.p.A.:“This an extraordinary opportunity for Italian industryand a brand new direction for the national trade fair sector. Thanks to the skills and vision of both companies, their proprietary portfolios ofproducts and profit-making income performances, it is indeed possible to establish a platform of excellence. It will be one of of Italy’s foremost exhibition providers and,without doubt,also be an an international player. It will prove that, in Italy,it is possible to to join forces for a common goal. The existing operations of Fiera di Vicenza and Rimini Fiera provide a powerful starting position, but together we will extend their individual capabilities, which in many ways are very similar,being always active and committed to capitalising and internationalising ‘Made in Italy'production”.
For more than 60 years Rimini Fiera SpA ( a primary role inboththe domestic and international markets. With highly specialised events (41 annual and biannual shows, 11 of which are international,andmostly organiseddirectly), it is active in a range of important economic sectors:includingfood & beverage, green technology, high technology, entertainment, tourism, transport and wellness. It also is a leader in the conference market, managing the Palacongressi in Rimini
Fiera di Vicenza SpA ( which was established in 1948, is among Italy’s leading and most dynamic trade fair organisers operating on a global scale. It is an international leader with substantialexpertise and know-how in two macro-market areas, namelyJewellery (gold and gem-set jewellery) and Lifestyle & Innovation (hunting and weapons for civilian and sports use, outdoor and indoor sporting activities, creative crafting, furnishings, fashion accessories, medical and pharmaceutical, cars, motorbikes and bicycles and religion). The company serves its markets as a recognised cultural hub and it is active in the conference and convention service industries.
PRESS CONTACT RIMINI FIERA:
Elisabetta Vitali, Communications Manager,
Marco Forcellini, Press Office Manager +39 0541-744756
PRESS CONTACT FIERA DI VICENZA:
Patrizia Rovaris, Head of Communication & Media, +39 348 1536114 email:
Chiara Cappellina, Press Office Manager, +39 337 1477546 email: