Greece’s largest exhibition group, Forum SA, has been bought by German exhibition company Nurnberg Messe Group. Forum SA was established in 1988 and claims to have a 25% share of the country’s exhibitions marker. It operates eight international exhibitions in Greece with 400 exhibitors attracting 350k visitors. Its brands include: Food Expo, Foodtech and Coffee Festival.
The Greek company has been growing at over 8% pa and is expected to have revenue of €17m in 2019. Its new owner wants to use the company as a hub for events across the Balkans and South-Eastern Europe. Forum SA becomes Nurnberg’s largest international subsidiary. The German company had 2018 revenues of €315 with EBITDA of €68m, derived from 1.2m sq m of exhibition space, 1.5m visitors and 35k exhibitors.
