GL events
Welcome to the world of events.
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
GL events
Cannes Film Festival
For more than twenty years, GL events has been on the select guest list of the greatest film festival in the world, providing top-quality services for the event.
© Alexandra Fleurantin
Cannes Film Festival
Nuits Sonores
The 2016 Nuits Sonores are equipped by GL events Audiovisual.
© Laure Rousville
Nuits Sonores
Sao Paulo Expo inauguration
The inauguration of the expanded and renovated Sao Paulo Expo on 26 April was attended by more than 500 economic decision-makers.
© Rodrigo Lopes/studiolopes.com
Sao Paulo Expo inauguration
COP 21
The aim of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) was to negotiate a new universal agreement on climate change, in order to maintain global warming below 2°C. GL events supplied and assembled structures for this key event, and also provided audiovisual services, fixtures and fittings for the event spaces.
© Philippe Cler
COP 21
African Games
The Live! by GL events agency was in charge of organising the spectacular closing ceremony for the African Games.
© Myli Bourigault et Pierre Le Tulzo / Live! by GL events
African Games
Video City Paris
Organised by the producers of the Golden Moustache (M6 TV channel), the Studio Bagel (Canal+ TV channel) and Mixicom, in collaboration with Live! by GL events, Vidéo City brought together around a hundred of the most popular YouTube video creators. A genuine success!
© Philippe Cler
Video City Paris
Maison de la Mutualité
The Maison de la Mutualité was the former headquarters of the French mutual insurance federation . The venue has been managed by GL events since 2010. The Group has renovated the building to return it to its former glory. Today, the venue hosts all types of events, from business meetings and exhibitions to fashion parades.
Maison de la Mutualité
Equita
This is an event that horse-riding fans look forward to every year. Organised by GL events, Equita is the largest equestrian show in France. Each year, around 3,500 horses take part in the event which attracts over 150,000 visitors.
© PSV – Jean Morel
Equita
IMF and the World Bank
The Boards of Governors of the IMF and the World Bank met in Lima (Peru) this year to establish the main priorities and focuses for the two institutions. The production of this large-scale event was entrusted to a consortium made up of GL events and the event agency Stimulus.
© Joao Socola
IMF and the World Bank
Absolute
Spacious, elegant and with impeccable finishing, Absolute Triple Deck is an exceptional structure that combines robustness and aesthetics. Providing more than 25% additional interior surface area, this new events structure takes standards in excellence to a whole new level.
© Detail Ltd
Absolute
Back to Press releases 2008

Major business developments

Acceleration in the Food & Beverage strategy
with the acquisition of Traiteur Loriers in Belgium

GL events, a leading provider of integrated services for events, announces a series of developments in venue and event management and confirms the resilience of trade shows as a communications medium. As the Group celebrates its 30th anniversary at the end of this year, it remains confident and determined in pursuing its strategy.

GL events accelerates its Food & Beverage strategy by acquiring a majority stake in Traiteur Loriers

The Group has completed the acquisition of a 51% stake in the capital of Traiteur Loriers that has revenue of €15 million. The entrepreneurial spirit and reputation for excellence of this company offer GL events significant opportunities for development in the event catering segment. Jean-Michel Loriers, who founded the company in 1989, will continue to serve as Chairman.

The only caterer with the title of Royal Warrant Holder of the Court of Belgium, Traiteur Loriers rapidly became the reference for exceptional events in Benelux and subsequently France: VIP space for the Spa-Francorchamps F1 Grand Prix, Chine Couture and Dries Van Note fashion shows, the 40 year anniversary of the Sonia Rykiel fashion house in Paris, European Business Summits, etc.

Operating out of its ultramodern facilities, Traiteur Loriers is the caterer of choice for all types of professional and private events. It also caters events at venues in Brussels such as the Sainte-Anne Château and the Bellevue Museum.

This acquisition reflects a twofold strategic objective of:

- Continuing the structuring of the Food & Beverage offering, which accounts for 30% to 40% of event venue revenue accompanied by good margins. Launched in 2007, in line with the strong development of the venue management, this activity represents a strategic component of the Group Services offering. Traiteur Loriers will contribute its exceptional know-how to the progressive deployment of the Food & Beverage activity in venues managed by the Group;

- Consolidating the Group's position in Belgium, around the Brussels Convention Centre, Le Square, and the activities of GL events Services.

 

A prestigious programme of major events

With a significant number of major trade fairs in the 2008 second half and the 2009 first half, GL events volumes of reservations for stands and frequency have been satisfactory, in line with forecasts. Noteworthy events include:

- The 14th edition of the biennial trade fair Piscine organized by the group held in November at the Exhibition Centre Lyon Eurexpo;

- The 23rd edition of the biennial trade fair Pollutec, organized by Reed Exhibition in early December at Lyon Eurexpo registered a 5% increase in the number of exhibitors and 11% growth in rented exhibition space to 110,000m²;

- The Bologna Motorshow, the Group's flagship auto industry event, is currently being organized in an environment of difficult trends for the automobile sector. This edition has achieved excellent results, providing a convincing demonstration of the resilience of trade fair communications during challenging economic periods;

- The Catering Hotel & Food Trade Exhibition, SIRHA, to be held in January 2009 in Lyon Eurexpo has achieved a new record for stand reservations;

- GL events has also just been selected following a competitive bid to provide installations for the Doha ExxonMobil Open to be held next January.

- And for Alpine skiing enthusiasts, GL events will be looking forward to their presence at the next FIS Alpine World Ski Championships to be held at Val d'Isère for which the Group provided all temporary installations.

 

GL events is awarded the management concession for the Troyes Exhibition Centre

Following a call for tenders by the Troyes regional authority (Communauté d'Agglomération), GL events was awarded a concession for the management and marketing of the Troyes Exhibition Centre. The concession is expected to be signed for an eight-year period. The agreement will represent revenue of approximately €30 million and provides for the organization of new events.

This exhibition centre currently holds 20 events per year including Habimat, Salon de l'habitat sain et l'environnement, Forme & Bien Être and the Foires de Champagne. It has been entirely renovated following investments of more than €12 million by regional government that has resulted in the addition of a new multi-purpose hall with a capacity for 6,500 people.

Other highlights concerning venues managed by the Group:

- Le Scarabée, the multi-purpose hall of Roanne was inaugurated on 2 December followed by the concert on 6 December by Charles Aznavour. Economic, cultural and political events will be held in this modern and multi-functional facility with the capacity for up to 5,500 people;

- The Hotel Salomon de Rothschild will begin operations in June 2009. Located near the Champs Elysées, at the crossroads of avenue de Friedland and rue du faubourg Saint-Honoré, it will propose high-quality services in an exceptional historic venue and is destined to host a significant number of corporate events;

- The Brussels Convention Centre Le Square for which the Group was awarded a 27 year concession will be inaugurated 20 September 2009. With its many auditoriums, modular facilities and conference halls, it is ideally located in the heart of Europe's political capital. Thirty reservations are in the pipeline for international conferences and corporate conventions starting September 2009.

The Group notes that several developments may be expected in 2009 both in France, with a significant number of calls for tenders, and in Europe, Latin America and Asia for all types of venues. GL events is consequently well-positioned to take advantage of the best market opportunities.

 

Upcoming events:
2008 fourth-quarter sales, Tuesday 03 February 2009 (after the close of trading)

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 : infos.finance@gl-events.com


Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581

Contacts

Erick Rostagnat - Managing Director Corporate Finances and Administration:
info.finance@gl-events.com
Tel : +33(0)4 72 31 54 20

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