Arc makes first US-based acquisition
This week we’ve seen a major milestone for Arc as the group announced its first US-based acquisition.
The move sees the organiser take over HighQuest and its large portfolio of agribusiness events.
Another top story this week includes IBTM World’s decision to make culture creation the theme of its upcoming show in Barcelona.
It comes after our industry has seen a major shift in workplace practices alongside new technology advancements.
Learn more about how to make the most of this digital transformation in our AI Blueprint – a practical guide to data science of event organisers.
Arc announces US move with Boston-based firm
Arc has announced its first move in to the US with the takeover of an agribusiness media and events company.
HighQuest, based in Boston, hosts some of the world’s largest gatherings in the agriculture sector across the nation as well as the UK and Japan.
The acquisition sees Arc take on major events such as Global AgInvesting, Women in Agribusiness, Unconventional Ag and the Ag Club.
Simon Foster, Arc Group CEO, said: “This is a great business, in a high-growth sector, that also happens to be a perfect fit for our network.
“These brands sit at the intersection of our established sector communities – finance, agriculture, food, and sustainability – and have a particularly strong fit with brands like Professional Pensions, Sustainable Investment and Bridge2Food.”
Greg Mellinger, HighQuest CEO, said: “With an increasing global focus on food security the need to connect on sustainable strategies to propel forward the future of global agriculture has never been more pressing.
“We have big ambitions to assist our clients’ growth and success in this sector and so we are extremely pleased to be partnering with Arc to further develop the business.”
Culture creation at heart of IBTM World 2022
IBTM World will bring new ways of working and culture creation under the spotlight at its upcoming major show in Barcelona.
Organisers claim it will bring together attendees to discover how modern business challenges are building opportunities across the industry.
It will explore the theme at the show in the Fira Barcelona from November 29 to December 1.
David Thompson, event director IBTM World, said: “Business events are back to fill the gap they left, but they have also stepped up to fill the new gap that’s appeared: the place where business culture lives.
“This year, we’re looking at how the technology we are using, the experiences we are creating and the destinations we are visiting create limitless cultures for businesses and incredible potential for events and deliver the opportunity for better business results.”
¡GRACIAS! A todos ustedes, la comunidad asistente a IBTM Americas por ser parte esencial de esta industria. Por re construir juntos y trabajar en conjunto 👏🏼 tenemos los mejores visitantes, speakers, expositores, patrocinadores, aliados y el mejor equipo 📣
¡Vamos por más! pic.twitter.com/N0ezzZexlt
— IBTM (@IBTMevents) August 26, 2022
The news comes as IBTM Americas completed its successful show in Mexico City.
ASM Global takes four top ANZ venue spots
ASM Global has taken four of the top five spots for gross revenue sales at venues Down Under, according to new figures.
The Pollstar rankings gave the company’s Qudos Bank Arena (QBA) in Sydney top position with $9.9m, Newcastle Entertainment Centre coming in at number three, followed by RAC Arena Perth in fourth and Brisbane Entertainment Centre in fifth.
Rod Laver Arena in Melbourne took second place in the Australia and New Zealand Focus Charts.
Harvey Lister, ASM Global CEO, said: “These results prove that in times of uncertainty artists, promoters and audiences seek support from their trusted loyal partners, such as ASM Global, to maximise guest experience.
“We have been managing venues in the Asia Pacific region for more than 40 years. It is an honour and a privilege to host the world’s premier artists and to have our venues selected as the promoters’ first choice.”
Canada’s largest solar rooftop system installed at venue
Canada’s largest rooftop solar system is to be installed at one of the country’s major venues.
The Edmonton Expo Centre will host the new $5.05 million (£3.3m) power project with 5,754 panels installed across 193,735.5 square feet during phase one.
It is expected to yield operational savings in the realm of $290,000 to $460,000 per year by generating at least 2.8 gigawatts of energy annually – equal to that of about 375 homes.
Take a look at the largest rooftop solar array in Canada currently being built on the roof of the @yegexpocentre. #yegSolar is popping up all around the city and the #yegEXPOsolar array will soon offset the equivalent of 375 homes’ power usage! pic.twitter.com/QPvrKKGkr0
— City of Edmonton (@CityofEdmonton) August 22, 2022
Program manager Brad Watson said: “The City of Edmonton is committed to becoming an energy sustainable and climate resilient city.
“The Edmonton Expo Centre is a unicorn of sorts when it comes to rooftop solar panels.
“Its size and dimensions, unobstructed sightlines and lack of interfering rooftop infrastructure allowed us to build an array of this size.”
This solar installation is part of a $98 million rehabilitation project at the Edmonton Expo Centre.
IEG gold and jewellery show to host more than 1,000 exhibitors
More than 1,000 exhibitors are set to attend a major gold and jewellery tradeshow organised by the Italian Exhibition Group.
Vicenzaoro September will also host top speakers such as Guido Grassi Damiani and Lynn Yeager at Vogue USA.
NFT digital technologies and the metaverse will be up for debate between experts and opinion leaders on the sector´s innovation strategies, together with sustainability, market dynamics, training and young talents.
The show takes place from September 9 to 13 at Vicenza Expo Centre, together with VO Vintage from September 9 to 11.
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