Informa Exhibitions Acquires Miami-based FIME Exhibition & Congress
October 26, 2015
The Miami-based FIME Exhibition & Congress, consistently ranked the No. 1 medical trade show in the United States, was bought by U.K.-based Informa Exhibitions as part of its Life Sciences portfolio.
As tracked by the Healthcare Convention & Exhibitors Association, FIME attracts more than 57,000 attendees to its annual event.
FIME complements the Group’s existing collection of 22 exhibitions and in excess of 100 conferences across the EMEA and APAC Life Science markets.
“The acquisition of FIME will generate substantial value for our customers and partners by driving further product innovation and deeper engagement in these specific markets,” said Charlie McCurdy, CEO of Informa’s Global Exhibitions Division.
He added,”Informa has the resources as a global company to grow the show on a strategic level, and we anticipate the show will become a key component of our Global Exhibitions Division.”
Now in its 25th year, FIME serves the communities of North and South America, with a primary focus on medical technology, medical products & supplies, medical services, and medical equipment.
Under Informa,, FIME will continue to offer a multi-specialty conference program in line with Informa’s motto of ‘Exhibition with Education’.
Their goal is to “provide an unrivalled knowledge-sharing and business networking platform for healthcare trade professionals in the region,” according to company officials,
According to Simon Page, Managing Director, Informa Life Sciences Exhibitions: “Informa has a long-term strategic vision to continue to expand the Life Sciences’ exhibition business into the American markets.”
He added, “The recent acquisition of FIME fits in firmly with our goal of expanding our international trade show operations in the region and with our existing portfolio of life sciences events across the globe.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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