Hyve Group to acquire Shoptalk Commerce and Groceryshop for $145m.

Hyve Group, the global events business, agreed to acquire Shoptalk Commerce and Groceryshop, two US-based events focused on e-commerce broadly as well as the food and grocery segments specifically, for $145m. "I am very pleased to announce the acquisition of two truly market-leading events, Shoptalk and Groceryshop. This acquisition continues our evolution into a best in class portfolio of market-leading events. We see multiple areas of growth from these events, including future geo-clone opportunities and leveraging their best of breed hosted buyer strategy, using their bespoke software on selected Hyve events," Mark Shashoua, Hyve CEO.