Emerging markets exhibitions group ITE has revealed that its wholly-owned subsidiary ITE International Holdings has acquired smaller peer Beautex from a firm in Cyprus.
Beautex runs two exhibitions each year, Intercharm and Beautyexpo, two trade exhibitions for the professional beauty, cosmetic, and aesthetic medicine industry in the Ukraine.
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ITE's Chief Executive Officer, Russell Taylor, said: "The addition of these two exhibitions to ITE's Ukrainian business is consistent with our strategy of building market leading positions in core markets and sectors and will complement ITE's existing activities in Kiev. These events have strong market positions in Ukraine and will benefit from access to ITE's expertise and international reach."
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