Messe Munchen continues to build on its position as the world's leading construction machinery trade fair organiser: it is buying CTT EXPO in Moscow, the world's fifth largest construction machinery trade fair. This acquisition is both the biggest and most important purchase in Messe Munchen's history. The seller is private Russian trade fair company Media Globe LLC.
CTT is an internationally known and established event. It is an ideal addition to our global construction machinery cluster, said Klaus Dittrich, Chairman and CEO of the Messe Mnnchen Board of Management. He added, With the world's leading trade fair bauma in Munich as the centrepiece and our events in Shanghai, New Delhi, Johannesburg and, in future, Moscow, we have achieved a global market share of more than 50 per cent.