Advent International completed the acquisition of a 70% stake in VNU Exhibitions Asia from Royal Jaarbeurs.

Advent International, a private equity investor, completed the acquisition of a 70% stake in VNU Exhibitions Asia, a host of exhibitions and conferences in China, from Royal Jaarbeurs, a trade fairs, conferences, events and other meetings organiser. Financial terms were not disclosed. “We are excited about VNU EA’s strong portfolio, its longstanding track record spanning nearly three decades and its immense growth potential. The company has established itself as a market leader in China by providing high-quality exhibition services for both domestic and global customers. Together with VNU EA’s exceptional management team, we are confident that Advent’s global resources and support will propel the company’s next phase of growth amidst a thriving sector in China,” Irene Liu, Advent Managing Director.