Latest news from Heavy Lift & Project Forwarding International Magazine

Breakbulk Exhibitions sold

December 24 - AXIO Data Group (AXIO) has sold Breakbulk Exhibitions to ITE Group plc (ITE), the leading exhibitions group, for a maximum consideration of USD42 million.

Breakbulk, which delivers exhibitions, congresses, workshops and media products serving  logistics executives working in the oil & gas, traditional / renewable power generation, mining and infrastructure / construction markets, hosts six annual events, which bring together the world's breakbulk and project cargo logistics executives for education, strategy creation, business development and networking.

Henry Elkington, ceo of AXIO commented: "This transaction demonstrates the successful execution of our strategy of building and then realising value in our portfolio businesses. Total revenue in Breakbulk has grown at over 14 percent per annum over the last three years, mainly by attracting more exhibitors to its major events.  In addition, we have laid the foundations for Breakbulk Middle East which will be staged for the first time in October 2015.  Breakbulk has grown and prospered under AXIO's ownership. ITE as a focused international exhibition group is ideally placed to realise the full potential of Breakbulk in its next phase of growth."

"We will continue to drive performance in our businesses by focusing on markets where we can lead, investing for growth, and driving efficiency," Alli McEntyre, managing director of Breakbulk claimed.

www.axiogroup.net

Heavy Lift | News

Crosby delivers training courses thumbnail image

Crosby delivers training courses

April 19 - The Crosby Group has conducted two rigging training courses in the USA on behalf of its distribution partner, B.C. Wire Rope & Rigging.
Views: 303
Egbert joins at Weserport thumbnail image

Egbert joins at Weserport

April 19 - Rudolf Egbert has been appointed to the management of Bremen-based terminal operator Weserport.
Views: 481
Ritchie realigns in North America thumbnail image

Ritchie realigns in North America

April 19 - Ritchie Bros has made two senior appointments, effective July 1, 2019, as the company aims to realign its organisation in North America.
Views: 344

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.