ECI International is now a wholly owned subsidiary of Singex-ECI International Pte. Ltd. following the company’s acquisition by Singex Exhibition Ventures (SEV).
According to the companies, the Tyrexpo series of events (including Brityrex in the U.K.) will continue to be marketed as “An ECI International Event” providing all exhibitors, supporters, partners and visitors with a joint commitment to service excellence. Working closely with ECI founders, Paul Farrant and Rowena Suthers, this will include expansion into new market segments.
As a result of the investment SEV reports that it will put its “full resources” to work on the organization of future Tyrexpo events, to assist them reach “their full potential.”
SEV’s move is being seen as an investment in the activities of U.K.-based ECI International Ltd. designed to take the company’s show portfolio to the next level.
Commenting on the deal, Aloysius Arlando, CEO of SEV, said: “I am delighted that we were able to successfully conclude our arrangements with ECI International. This was made possible because of our shared vision about the potential for the Tyrexpo series, which have a positive future with new growth possibilities in multiple markets and emerging regions.” (Tyres & Accessories)
