Britain's ITE Group Plc, one of the world's leading organizers of international trade exhibitions and conferences, will acquire 100% of Russia's exhibition group MVK for 33 million euros, ITE Group said on Friday.
ITE Group, which focuses on emerging markets, organizes around 180 exhibitions and conferences each year in 11 countries.
MVK group, which has branches in Turkey, Germany, Israel, North America and China, organizes international exhibitions, exhibitions in the Moscow Sokolniki Centre and Crocus Expo.
MOSCOW, December 17 (RIA Novosti)
