Hyve Group

Hyve Group plc (LSE: HYVE), formerly ITE Group, is an international organiser of exhibitions and conferences. The Group organises over 130 trade exhibitions and conferences each year in 14 countries and employs over 1,200 staff in 17 offices worldwide.[1] The company's vision is to provide the world's leading portfolio of content-driven, must-attend events delivering and outstanding experience and return on investment for its customers. It is listed on the London Stock Exchange.

Hyve Group plc
TypePublic
LSE: HYVE
IndustryExhibitions & Conferences
Founded1991
HeadquartersLondon, UK
Key people
Richard Last, Chairman
Mark Shashoua, CEO
Andrew Beach, CFO
Revenue£220.7 million (2019)[1]
£55.8 million (2019)[1]
£4.1 million (2019)[1]
Websitehyve.group

History

The business was founded by the Shashoua family as "International Trade Exhibitions" (ITE) in 1991 and then launched a series of trade events in the new market economies of Russia and the CIS.[2] It was first listed on the London Stock Exchange in 1998. In 2008 it acquired Primexpo NW LLC, a conference organiser based in St Petersburg[3] and has subsequently acquired further businesses in Moscow (MVK),[4] Krasnodar (Krasnodar LLC),[5] Istanbul (YEMF and Platform Exhibitions),[6] Kyiv (Autoexpo and Beautex),[7] Mumbai (ABEC)[8] and Kuala Lumpur (Trade Link).[9]

The company rebranded from ITE Group to Hyve Group in September 2019.[10]

In December 2019, Hyve acquired two US-based events: Shoptalk and Groceryshop.[11]

See also

References
  1. "Annual Report 2019" (PDF). Hyve Group. Retrieved 15 January 2020.
  2. "ITE shrugs off concerns of backlash on Moscow food exhibition". FT. 16 September 2014. Retrieved 15 January 2020.
  3. "Morning Eyecatchers: May house prices down 2.4% month-on-month". Citywire. 5 June 2008. Retrieved 15 January 2020.
  4. "Reinvigorated telecoms sector pushing all the right buttons". The Times. 18 December 2010. Retrieved 15 January 2020.
  5. "ITE acquires Russian expo business". Exhibition World. 3 March 2011. Retrieved 15 January 2020.
  6. "ITE buys into Turkish exhibition business". Exhibition World. 3 July 2011. Retrieved 15 January 2020.
  7. "ITE Group buys another Ukraine organiser". Exhibition World. 12 April 2012. Retrieved 15 January 2020.
  8. "ITE Group Subsidiary Increases Stake In India's ABEC Exhibitions". Morning Star. 3 November 2015. Retrieved 15 January 2020.
  9. "ITE acquires Trade Link in Malaysia". TSNN. 11 February 2013. Retrieved 15 January 2020.
  10. Colston, Paul (20 September 2019), "ITE Group rebrands to Hyve Group with new centralised, global message", Exhibition World, retrieved 15 January 2020
  11. "Hyve buys US exhibitions Shoptalk and Groceryshop in £111m deal". The Telegraph. 18 December 2019. Retrieved 15 January 2020.
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