Global media and events company Terrapinn has announced the acquisition of ARABLAB LIVE, the Middle East’s premier exhibition for the community of laboratory users in Chemical, Energy, Medical, BioTech, Food and Environment industries.
Founded in 1982, ARABLAB LIVE has grown to be a significant international event and now boasts 10,000+ attendees and 400-500+ exhibitors. Attendees come from 120+ countries throughout the Middle East and across the world.
David Beguely, managing director, Terrapinn Middle East, said: “ARABLAB LIVE is the industry standard and still presents significant growth opportunities as technology changes and Middle East markets continue their trajectory. We look forward to serving all stakeholders and promoting excellence and forward thinking.”
David Domoney, founder and MD, ARABLAB LIVE, said: “We are really impressed by Terrapinn and their Dubai-based business, and are confident that ARABLAB LIVE has found a nurturing home. This is really important to the community and myself. And we are confident that Terrapinn has the resources, network and interest to take the event to the next level.”
Greg Hitchen (pictured), group CEO, Terrapinn, said: ”ARABLAB LIVE is a wonderful addition to our Science and Labs portfolio and we will look to extending the Lab Live brand into other geo markets. We are absolutely delighted to do this deal!
“We would like to thank David Domoney, Anna John and all staff and advisers who made this happen.”
Mayfield Merger Strategies represented the ArabLab Live shareholders
