Arena Events Group acquires Events Solution
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The acquisition, worth £2.5 million, will see the Worksop-based company integrated into Arena’s current UK business.
Events Solution founder Richard Herberts is stepping away from the business, with James Wood set to continue as MD.
Arena UK & Europe CEO, Grahame Muir, comments: “Our business strategy is to provide a comprehensive suite of services to event organisers. Events Solution is a very well run and invested business and one we believe has significant growth opportunities. Having a new northern base works strategically very well and we aim to replicate this at our Cambridgeshire hub next year.
“Building on this years’ recent acquisition of furniture specialist hire companies, GLD and portable refrigeration supplier Ice House Rentals, the addition of Events Solution adds yet another in-house capability to Arena Events Group. This diversification adds expertise, extending our offering to existing clients as well as attracting new clients to Arena’s services.”
Events Solution MD, James Wood, adds: “Since being established in 2010, Events Solution Ltd has established a phenomenal array of clients ranging from film premieres in Leicester Square to mass participation events to national music tours and festivals. Joining the Arena Group will give us the resources and extended client network to continue growing our client portfolio in line with our ambitions. Myself and the team are very excited about a strong future as part of Arena.”
Event Solution ’s core product range includes pedestrian barriers, Heras fencing, front of stage and Metropolitan Police barriers, as well as gantries and staging. The company has a wide range of customers including British Cycling, Live Nation, music festivals and local councils.
(Jim Evans)
