The Mining Indaba Conference in South Africa has been acquired by ITE Group (UK)

Euromoney, the international learning and events group has concluded an agreement to sell the Mining Indaba Conference to ITE Group for £30.1 million. ITE Group is an international events company that organises over 200 trade events per year across a wide range of industry sectors based in Russia, Central Asia, India, Southeast Asia, Southern & Eastern Europe, China, Western Europe, Africa and the Americas. The Mining Indaba has maintained strong financial performance and reported an operating profit of £2.5 million in 2017. The final payment for the acquisition of the mining conference is expected to be June 2019.

Posted in .

Leave a Reply

Your email address will not be published. Required fields are marked *