The newly owned portfolio includes the industry leading events Amusement Trade Exhibition International (ATEi) and International Casino Exhibition (ICE), staged in London; three other smaller exhibitions including Amuse UK in Blackpool and The Betting Show in Birmingham; three European industry conferences; and three leading publications - Coinslot, Betting Business and Casino Review.
Simon Kimble, Managing Director of Clarion Events is pleased to have completed the investment in ATE and said: "We are delighted to have secured what is a fantastic company with great products and people in an exciting market. ATE has become a world leader in the amusement, gambling and betting industries and we believe that together we can benefit hugely from their range of skills and experiences."
In a statement issued by BACTA today, Colin Daniels, President said, "We are pleased to conclude this transaction which we believe will be good for BACTA, securing the future of the association and is also good for ATE, giving it the opportunity to do bigger and better things for the industry. We are especially pleased to have found in Clarion a young and dynamic company which shares ATE's values and will continue the strong working partnership that BACTA and ATE have always shared.
The news comes within a month of the announcement of the Clarion Events NEC joint venture, and brings the Clarion Events portfolio to 44 events, plus the new conferences and publications.
(Lee Baldock)
