Hannover/Shanghai/Shenzhen, 2nd November: This week, Deutsche Messe announced a deal to purchase a majority stake in LaserFair based in Shenzhen. The financial details of the deal were not disclosed.
Launched in 2007, LaserFair’s management maintains it is the largest laser exhibition in southern China. The event focuses on key segment including laser processing, laser applications, and intelligent manufacturing. After the acquisition, the show will be directly managed by Deutsche Messe’s Chinese subsidiary, Hannover Milano Fairs Shanghai together with the other shareholder, Shenzhen XZQ Information Science and Technology Company.