Share

Messe Frankfurt heading to Africa

Johannesburg - Messe Frankfurt, one of the world’s leading trade fair organisers, will have a permanent presence in Africa in future.

The Group is acquiring a 56% majority stake in South African trade fair organiser South African Show Services (Sass), based in Johannesburg.

The Sass portfolio includes trade fairs such as the Johannesburg International Motor Show, the Rand Show, the Amid Motorcycle Expo, the Johannesburg Boat Show and the SA Outdoor Lifestyle Show.

The new subsidiary’s portfolio also includes Automechanika Johannesburg, which has been organised under licence by Sass since 2009.

The remaining 44% of shares will continue to be held by the former South African shareholders. The company is to be renamed South African Shows Messe Frankfurt.

The previous South African Show Services management team - Raymond Burke, Pula Dippenaar and Phillip Otto - will remain on board, to be joined by Ute Schuchardt, who is to transfer from Frankfurt to Johannesburg.

"This transaction allows us to further expand our global presence. Our activities in southern Africa demonstrate our firm belief that the future offers a wealth of opportunities for the African continent. We are pleased to be joining forces with such a successful South African company that is ideally acquainted with the local market conditions," said Uwe Behm, member of the executive board of Messe Frankfurt.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.24
-0.4%
Rand - Pound
23.86
-0.2%
Rand - Euro
20.45
-0.3%
Rand - Aus dollar
12.31
-0.0%
Rand - Yen
0.12
-0.6%
Platinum
948.20
-0.2%
Palladium
1,023.50
-0.6%
Gold
2,381.89
+0.1%
Silver
28.22
-0.0%
Brent Crude
87.11
-0.2%
Top 40
67,190
0.0%
All Share
73,271
0.0%
Resource 10
63,297
0.0%
Industrial 25
98,419
0.0%
Financial 15
15,480
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders