UBM Acquires The Battery Show Europe
July 6, 2018
UBM, now part of Informa, the world’s leading B2B events organizer, today announces that it has acquired The Battery Show Europe and co-located Electric & Hybrid Vehicle Technology Expo Europe from UK-based Smarter Shows.
Through this acquisition UBM increases its coverage of advanced battery technology and strengthens its position in the energy storage market in Europe.
“The Battery Show Europe acquisition aligns with our strategy to focus on investment in high growth opportunities,” said Lucy Dimes, CEO, UBM EMEA.
She added, “We can now provide our customers with expanded access to cutting-edge manufacturing, battery supply chain technologies and solutions, and opportunities to establish new business connections at a global scale.”
“The addition of The Battery Show Europe to the UBM events portfolio further establishes the company in a space with tremendous opportunity,” said Lori Silva, Managing Director, Advanced Manufacturing Group, UBM Americas. “This is an exciting vertical for UBM and complements our existing presence in renewable and energy-related markets, including MIREC, AIREC, Renewable Energy India Expo, our renewable energy event series in Southeast Asia and of course The Battery Show North America.”
The Battery Show Europe provides the latest manufacturing solutions from across the battery supply chain to industries including automotive, utilities, renewable energy, grid, power tools and electronics.
The show is a place where manufacturers and service providers can source the latest energy storage solutions, learn how to reduce manufacturing costs, and ensure optimum efficiency and performance of battery applications.
In addition, The Battery Show Europe co-locates with Electric & Hybrid Vehicle Technology Expo, Europe’s industry-leading exhibition and conference for electric, hybrid and plugin hybrid vehicle technology. The 2019 edition of The Battery Show Europe will take place May 7 – 9 in Stuttgart, Germany.
“We’re delighted to have the opportunity to work closely once again with UBM on this strategic divestment,” said James Reader, CEO, Smarter Shows.
He added, “With their powerful network of offices and resources worldwide, and with the success of the North American acquisition still fresh in everyone’s minds, I can think of no better organization than UBM to take these market leading exhibition and conference brands forward in Europe and elsewhere. The show’s clients are in great hands.”
In 2016, UBM acquired The Battery Show, North America’s largest advanced battery technology event with co-located Electric & Hybrid Vehicle Technology Expo and Critical Power Expo.
The Battery Show and its co-located events are driven by electric and hybrid vehicles and manufacturing facilities.
Together these events deliver the perfect forum for buyers and sellers of batteries and related equipment to meet and do business.
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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