UBM Acquires ExpoMed and Live Healthcare Events in Latin America
June 13, 2018
Global B2B event organizer, UBM, has expanded its healthcare event portfolio with the acquisition of ExpoMed from LIVEMED in Mexico and Live Healthcare in Brazil from founders Dr. Vitor Assentuno and Dr. Raphael Gordilho.
Through these new acquisitions, UBM continues to grow its portfolio of healthcare events and further expands its position as a leading organizer in the Latin America healthcare sector.
“Healthcare is a strategic vertical for UBM Americas, particularly in Mexico and Brazil, where public and private healthcare spending and service markets are growing rapidly,” explained Scott Schulman, CEO of UBM Americas.
He continued, “With ExpoMed’s leading position in Mexico and Live Healthcare’s complementary fit with UBM Brazil’s existing Hospitalar event, we are confident that these two bolt-on acquisitions will greatly contribute to the long-term growth of our healthcare portfolio – and our position as a leader in the Latin America healthcare market.”
As Mexico’s leading annual healthcare exhibition, ExpoMed is known for connecting vendors of medical equipment to buyers and executives from private and public hospitals, clinics and distributors. Held each June in Mexico City, the show is considered the must-attend healthcare event in Mexico. The most recent edition of ExpoMed took place June 6-8 at the World Trade Center Mexico City, where it drew in more than 8,000 buyers and 342 exhibition companies spanning a more than 44,000 square foot showfloor.
“ExpoMed is by far the largest healthcare event in Mexico and adds another market-leading brand to our portfolio,” said Jaime Salazar Figueroa, director general and managing director of UBM México. “The acquisition gives us the opportunity to serve the second-largest medical device market in Latin America and to pursue synergies with our healthcare portfolio in Brazil.”
Based in Brazil, Live Healthcare is an event platform that connects major healthcare players to inspire industry change and empower leaders.
Live brings with it the Saude Business Forum (SBF), which focuses on executive networking and one-on-one meetings for healthcare CEOs and innovative vendors, as well as the Healthcare Innovation Show (HIS), a technology and innovation exhibition attended by senior healthcare executives.
Live also runs the healthcare portal saudebusiness.com, which drives database and community engagement for the events.
“The healthcare industry is a significant growth segment for UBM globally, but particularly in Brazil,” said Jean-François Quentin, CEO of UBM Brazil. “Live Healthcare is a great strategic fit with our portfolio and will allow us to serve all segments of the healthcare industry with high-quality content and focused face-to-face interactions.”
The Live Healthcare portfolio will also allow UBM Brazil to enhance Hospitalar’s positioning while achieving its goal of contributing to the growth of the industry from both economic and social standpoints, he added.
The next HIS is set for Sept. 19-20 at the Sao Paulo Expo in Sao Paulo while SBF will run in the first half of 2019, according to UBM officials.
Don’t miss any event news! Sign up for any (or all) of our e-newsletters HERE & engage with us on Twitter, Facebook, LinkedIn & Instagram!
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.
Add new comment