Messe München has purchased CTT Moscow, the world’s fifth largest construction machinery trade fair, from the privately owned Russian trade fair company Media Globe. This is Messe München’s biggest and most important acquisition and builds on its position as a leader in the construction machinery exhibition sector. The move has been made as the Russian market offers a major potential for Messe München to develop its operations. “CTT is an internationally known and established event. It is an ideal addition
RSS3995 Messe München has purchased 5848 CTT Moscow, the world’s fifth largest construction machinery trade fair, from the privately owned Russian trade fair company 1106 Media Globe. This is Messe München’s biggest and most important acquisition and builds on its position as a leader in the construction machinery exhibition sector. The move has been made as the Russian market offers a major potential for Messe München to develop its operations.
“CTT is an internationally known and established event. It is an ideal addition to our global construction machinery cluster,” said Klaus Dittrich, chairman and CEO of the Messe München Board of Management. “With the world’s leading trade fair bauma in Munich as the centerpiece and our events in Shanghai, New Delhi, Johannesburg and, in future, Moscow, we have achieved a global market share of more than 50%.”
“At a stroke, this purchase makes us the fourth biggest foreign trade fair organiser in Russia, also laying the foundation for creating additional trade fair events there,” added Stefan Rummel, managing director responsible for foreign activities.
Alexey Striganov, Media Globe’s proprietor, becomes Messe München’s partner in Russia, staying on as a shareholder in the newly established company.
CTT’s international co-organiser is IMAG, a Messe München subsidiary. And it was IMAG that provided the introduction. “Our commitment in Moscow also supports the ongoing development of our trade fairs at our Munich location as well as the domestic economy,” said Dittrich. Notwithstanding the currently difficult economic and political environment, Russia remains an important country for the Munich location, for exhibitors and visitors alike, as well as an important sales market for the construction and mining machinery industry.
“CTT is an internationally known and established event. It is an ideal addition to our global construction machinery cluster,” said Klaus Dittrich, chairman and CEO of the Messe München Board of Management. “With the world’s leading trade fair bauma in Munich as the centerpiece and our events in Shanghai, New Delhi, Johannesburg and, in future, Moscow, we have achieved a global market share of more than 50%.”
“At a stroke, this purchase makes us the fourth biggest foreign trade fair organiser in Russia, also laying the foundation for creating additional trade fair events there,” added Stefan Rummel, managing director responsible for foreign activities.
Alexey Striganov, Media Globe’s proprietor, becomes Messe München’s partner in Russia, staying on as a shareholder in the newly established company.
CTT’s international co-organiser is IMAG, a Messe München subsidiary. And it was IMAG that provided the introduction. “Our commitment in Moscow also supports the ongoing development of our trade fairs at our Munich location as well as the domestic economy,” said Dittrich. Notwithstanding the currently difficult economic and political environment, Russia remains an important country for the Munich location, for exhibitors and visitors alike, as well as an important sales market for the construction and mining machinery industry.
