As an integrated Group operating in all event professions, GL events works in three major segments:
event organisation, event venue management and services for fairs, congresses and events.
© Odile Decq architect / Felice Varini – Altitude 150
ACQUISITION OF 49% OF SEPELCOM
GL events announces the signature of a memorandum of understanding with Reed Elsevier France to acquire 49% of Sepelcom. This company, specialist in organizing trade shows for professionals and the general public manages such prestigious events as Sirha (the international hotel catering and food trade exhibition), Piscine (the international swimming pool and pool environment show) and the Lyon international trade fair and has average annual sales of €25 million.
Sepelcom is a 51%-owned subsidiary of Sepel, the operating company of the Lyon Eurexpo exhibition centre in which GL events currently has approximately a 30% stake (after signing a memorandum of understanding to acquire an additional 5%).
This acquisition will be submitted for approval to the company's Board of Directors meeting to be held shortly.
These investments highlight GL events' strong commitment to developing the Lyon destination by working actively with all participants in the city's economic life including the city of Lyon, local governments and the Lyon Chamber of Commerce to promote business tourism.
GL EVENTS : SERVICING PRESTIGIOUS EVENTS IN THE LAST QUARTER
The month of November for GL events has been marked by noteworthy achievements including notably the management of two major events, the World Summit on the Information Society held in Tunis and the EuroMed Summit for heads of state currently being held in Barcelona representing combined revenue of more than €10 million.
Publication of 2005 sales, 7 February 2006
GL events, bringing people together
Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone : + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : email@example.com
Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581