Exhicon Event Media Solutions’ board has approved the acquisition of 76% Equity Stake of Green Branch Contracting & Land Scaping LLC and has also signed the Share Purchase Agreement for the said acquisition. Consequent to the acquisition of aforesaid 76% Equity Stake, the company's holding in Green Branch Contracting & Land Scaping LLC will be 76% upon completion of all formalities of acquisition, and the said entity will become subsidiary of the company with holding of 76% Equity Stake.
The acquisition will enhance Exhicon's 360- degree service portfolio, allowing it to offer comprehensive solutions including temporary and permanent event venue construction, maintenance, and landscaping. The Board of Directors of the company in its meeting held on June 27, 2024 has considered and approved the same.
Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
