Internationalisation

Trade fairs, Ieg strengthens in the US by focusing on services

The exhibition group completes the acquisition of FB International and rises to 100 per cent of the capital

RIMINI MEETING 2022, RIMINI FIERA

2' min read

2' min read

There is growing interest among Italian trade fair companies to strengthen their presence abroad and consolidate their service business, especially the stand construction business.

The latest operation in this sense, in order of time, is the one announced by Italian Exhibition Group, the listed group that owns the Rimini and Vicenza trade fairs. Ieg has completed the acquisition of the American FB International, of which it now controls 100% through IEG USA.

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The governance of the American company was also renewed, with the appointment of Tommaso Cancellara in the role of President & Ceo. The Board of Directors is instead chaired by Chairman Carlo Costa, who is also CEO of the entire IEG group.

Since 1988, FB International Inc. has been designing and setting up exhibitions and events throughout the United States and had joined the IEG Group in 2018. "In 2023," says Tommaso Cancellara, "FB International was involved in 130 events and its turnover was $27 million, acting as general contractor or appointed contractor.

In total, FB International employs more than 100 collaborators and a 'multicultural team' that follows the projects and speaks in all languages, including Italian, to realise the exhibition projects.

The company's headquarters are in New Jersey, while an operational hub is in Las Vegas so that it can punctually preside over the main US trade fair venues: New York and Las Vegas.

"The locations of its offices," explains Carlo Costa, "allow FB International to accompany its 400 customers from all over the world in their trade fair and event appearances throughout the US.

Since November 2023 FB has had a new headquarters, still in New Jersey, but moved to Fairfield where, in a modern and rational 11,000 square metre facility, the carpentry, carpentry, painting and graphics workshops are in operation, as well as the production and assembly of the designed fittings. The headquarters in Las Vegas, Nevada, from which the entire West Coast is served, has also been relocated to a new modern facility of 3,500 square metres.

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