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Globus Events and Hannover Milano Fairs Shanghai Announce Establishment of DACF Exhibitions Shanghai Ltd.
1/8/2025
Globus Events and Hannover Milano Fairs Shanghai — the joint venture of Deutsche Messe and Fiera Milano in China — have announced the establishment of DACF Exhibitions Shanghai Ltd. The new company, owned by both parties, will continue to organize DOMOTEX asia/CHINAFLOOR, the largest flooring exhibition in the Asia-Pacific region. The agreement was signed on January 8, during the 20th China Expo Forum for International Cooperation (CEFCO), held in Tianjin from January 8 to 10, 2025. Tang Zhaoqun, Executive Secretary of China National Forest Products Industry Association and Mr. Zhang Shujing, Division Director of Exhibition Management Department, CCPIT, were also present during the signing ceremony. Part of DOMOTEX portfolio - Deutsche Messe’s globally renowned exhibition brand for the carpet and floorcovering industry - DOMOTEX asia/CHINAFLOOR was launched in Shanghai 26 years ago and has since taken place annually as a jointly organized event. Starting in 2025, it will become an asset of DACF Exhibitions Shanghai Ltd. which will assume full responsibility for the organization and management of the event. The new joint venture will also focus on expanding business opportunities in sectors of mutual interest within China and across the broader APAC region. In today’s complex global landscape, this investment underscores the commitment of both foreign-owned organizers to deepen their presence and influence in the Chinese market. Edwin Chen, CEO of Globus Events, stated: “We are truly excited to achieve this milestone in our long-standing collaboration with Hannover Milano Fairs and Deutsche Messe. Over the years, our partnership has delivered the leading international tradeshow for the flooring industry in the Asia-Pacific region. The establishment of this joint venture represents a renewed commitment from both parties—not only to further invest in this vital industry platform but also to explore and develop new opportunities across the markets in which we operate.” “The establishment of DACF Exhibitions Shanghai Ltd. marks a significant step forward in our strategic partnership with Globus Events,” Arno Reich, Senior Vice President of Deutsche Messe noted, “This joint venture not only strengthens our commitment to the flooring industry in the Asia-Pacific region but also exemplifies our dedication to innovation and growth. We are convinced that by pooling our resources and expertise, we can elevate DOMOTEX asia/CHINAFLOOR to new heights and create unparalleled value for our exhibitions and visitors.” Reich also added, “the flooring industry is at the forefront of sustainable development and technological advancement, and we are proud to be part of this exciting journey. Together, we will continue to drive the industry forward, fostering global connections and opportunities.” The 27th edition of DOMOTEX asia/CHINAFLOOR will take place from May 26 to 28, 2025, at the National Exhibition and Convention Center (NECC – Hongqiao). The event is expected to host around 1,600 exhibitors from China and abroad, showcasing their latest products and innovations across seven dedicated halls covering over 200,000 sqm of gross exhibition space. The 2024 edition, held in May, attracted over 80,000 trade visitors and over 18,000 overseas buyers, further solidifying its position as the premier international B2B event for the flooring industry in the region. Amid significant transformations in the global flooring industry, this partnership will prioritize enhanced professional services and the creation of a more comprehensive platform tailored to industry trends and customer needs. Leveraging the combined resources and expertise of both parties, DACF Exhibitions Shanghai Ltd. aims to foster upstream and downstream synergies within the flooring industry value chain and support its multidimensional growth. For more information on DOMOTEX asia visit www.domotexasiachinafloor.com. For more information on GLOBUS Events visit https://www.globusevents.com/en ABOUT GLOBUS EVENTS GLOBUS Events (formerly known as VNU Exhibitions Asia) is one of the first exhibition organizers to establish its presence in China and has been a leader in the industry for over three decades. Through the commitment of a team of 150 professional employees, it organizes over 20 local and international leading exhibitions and conferences each year, with exhibition space of over 1,000,000 sqm. Headquartered in Shanghai, it has operations in different cities across China and abroad, including Bangkok, Beijing, Guangzhou, and Shenzhen. Since February 2024, GLOBUS Events is part of the portfolio of Advent International, one of the world’s largest and most experienced private equity investors. ABOUT HANNOVER MILANO FAIRS SHANGHAI Ltd. Hannover Milano Fairs Shanghai Ltd. is a joint venture in China, founded by Deutsche Messe AG and Fiera Milano. Through years of exploration and growth within the Chinese market, the company has generated extensive business opportunities for exhibitors by leveraging its long-lasting experience as an event organizer, its close partnerships with industry associations and exhibition organizers, as well as its successful track record in venue planning, design, construction and operation. The company organizes nearly 30 trade fairs domestically each year, while also inviting outstanding Chinese companies to participate in the exhibitions held by parent companies, Deutsche Messe and Fiera Milano, across Europe and the globe. Contact: questions@exhibitormagazine.com |
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