Hyve completed the acquisition of 121 Group for £50m.

Hyve, a next-generation global events business, completed the acquisition of 121 Group, an omnichannel meetings program organizer focused on the mining sector across EMEA, North America, and APAC, for £50m. “I am very pleased to announce the strategic acquisition of 121 Group, a market-leading one-on-one meeting provider for the mining sector. I am impressed by the advocacy which the founders have developed among the mining and investment communities and their foresight to develop this model, which has proven extremely popular both online and in person. This well-established company is highly complementary to our Mining Indaba event, while further accelerating our Group omnichannel offering and providing further profitable growth opportunities.” Mark Shashoua, Hyve CEO.