Gulf News

Italy’s IEG acquires Dubai events giant

Move is first step towards creating a worldwide network of fitness events

- Staff Report

An Italian company is acquiring the organiser of events such as Dubai Muscle Show and Dubai Active. The deal sees Italian Exhibition Group (IEG) pick up HBG Events based in the UAE.

Launched in 2016, the Dubai Active, Dubai Active Industry and Dubai Muscle shows are rated as the “largest fitness event in the Middle East”. Discussion­s about the buyout started before the 2019 edition, which was held over an area covering 18,500 square metres and attracted more than 25,000 fitness profession­als and enthusiast­s.

‘Global opportunit­ies’

For 15 years, IEG has been organising Rimini Wellness in Italy, which has developed into one of the largest of its kind covering 170,000 square metres indoor and outdoor with over 200,000 attendees.

IEG now sees the acquisitio­n of HBG Events as the first step towards creating a worldwide network of fitness events under the aegis of Rimini Wellness.

According to Corrado Peraboni, CEO of IEG, “Our mission is to generate global business opportunit­ies for companies, while developing commercial platforms and events that connect knowledge and innovation.

“This mission, launched just after the 2019 edition of Rimini Wellness, includes the acquisitio­n of HBG Events, with the intention of creating new opportunit­ies for our clients, contributi­ng to the training of fitness profession­als, and thus fuelling demand for health and well-being worldwide.”

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