GL events acquires a majority stake in WESAVC in China

GL events group, a major player in the events industry, announces the acquisition of 69% of the East and West Small Animal Veterinary Conference (WESAVC) in China. The founders retain a 31% stake. WESAVC, organizer of an annual veterinary equipment trade show in Xiamen, employs 40 people and generates revenue of €6 million with an operating margin close to 30%.

This major trade show for the veterinary sector brings together more than 1,000 exhibitors across 50,000 m². This strategic acquisition aims to strengthen GL events' presence in the expanding animal health sector in China and internationally, thus consolidating the technological synergies and capabilities of GL events Live Shenzhen. WESAVC's consolidation within the group will begin in May 2025.