Messe Frankfurt Buys Thailand Lighting Fair and Thailand Building Fair
February 13, 2018
Messe Frankfurt New Era Business Media Ltd has acquired Thailand Lighting Fair and Thailand Building Fair to expand the worldwide portfolio of its Light + Building brand of trade fairs.
Powered by Messe Frankfurt since their inception in 2015, the two fairs now will officially form part of the Light + Building family that totals 14 fairs around the globe.
“The Light + Building brand of shows is well-recognised around the world for its high quality event format and its power to attract the best in the industry. Adding the Thailand Lighting Fair and Thailand Building Fair to this growing family will complement our existing shows by creating a synergy between the different lighting and building markets,” said Stephan Buurma, Member of the Board of Management of Messe Frankfurt Group.
Messe Frankfurt will leverage its international experience in growing trade fairs, while at the same time utilise its local organising partners' knowledge to propel the fairs forward as ASEAN’s leading trade fairs for lighting and building technology, design and solutions.
Thailand Lighting Fair and Thailand Building Fair will be held Nov. 8-10 at Bangkok International Convention & Exhibition Centre.
The 2018 edition is expected to welcome more than 165 exhibitors utilising some 10,000 sqm of exhibition space.
“With a combined GDP of over USD2.4 trillion, the region is collectively the sixth largest economy in the world and the third most populous,” Buumrma said.
He added, “The acquisition will facilitate Messe Frankfurt to further develop our presence within the network of ASEAN countries. It will also allow us to expand and strengthen our portfolio in the ASEAN region. Our local partners ‒ The ExhibiZ and the Provincial Electricity Authority (PEA) ‒ have been instrumental in establishing the shows and we look forward to working together with them for many years ahead.”
Messe Frankfurt already has established renowned lighting and building fairs across Asia in Guangzhou, Shanghai, New Delhi and Mumbai since the turn of the century.
The shared expertise that has been gained in running these shows will benefit the Thailand Lighting Fair and Thailand Building Fair and should bring these diverse markets closer together. Indeed, significant trade connections already exist between Thailand and some of these nations whereby Thailand currently imports around 90 percent of its LED products from China and other countries.
The two fairs will be held concurrently with Secutech Thailand, a premier platform that showcases the latest innovations in security, smart homes and fire and safety products. By hosting Thailand Lighting Fair, Thailand Building Fair and Secutech Thailand under one roof, the interconnected lighting, building and safety industries have an unrivalled one-stop sourcing opportunity. For more information, please visit www.thailandlightingfair.com
Messe Frankfurt is present in 178 countries and hosts exhibitions and conferences in around 30 locations with its brands and brand families. The company has a considerable portfolio of lighting and building fairs across Asia, while the Light + Building family of trade shows is headed by the biennial Light + Building mother show in Frankfurt, Germany
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
Add new comment