To conclude this remarkable record year, Messe München executed the most important purchase in the company’s history: the acquisition of ‘Fenestration China’.
“All of which shows that our strategy of targeted growth is the correct one”, declares company boss Klaus Dittrich.
Air pollution control, water and refuse disposal are currently major subjects in Asia.
In economic terms, this was the most successful year since the foundation of the trade fair—a sales volume of over 400 million euros was attained for the first time.“Messe München is a thoroughly sound and financially strong company”, as Klaus Dittrich explains this success.The Chairman & CEO emphasizes: “We are one of the very few German exhibition companies with its own trade-fair center which can manage without any subsidies.” And that for many years now. With record sales of over 400 million euros for the first time, that leaves an EBITDA—earnings before interest, taxes, depreciation and amortization—of around 100 million euros. the Free State of Bavaria and the City of Munich, receive over 50 million euros as interest on their loans for the construction of the new exhibition center.That’s why ISPO is even represented at two locations there—Beijing and Shanghai.This involvement abroad also benefits the home location of Munich.