UBM Asia Enters Digital Textile Printing Market with the Acquisition of CSTPF
SHANGHAI, Jan. 28, 2015 /PRNewswire/ -- UBM Asia announces today that it has entered the digital textile printing market through the acquisition of "China (Shanghai) International Printing Industry Expo (CSTPF)" from SUNEXPO.
CSTPF was launched in 2009 by SUNEXPO. Over the last six years, it has evolved into an important gathering for the digital textile printing sector and related industry professionals. With the rapid growth in the scale of the exhibition and the growing transaction volume, CSTPF owns the leading market position in this niche in China.
The demand for revolutionary printing technology from the leather, glass, ceramic, carpet and other downstream sectors and the continuous innovation in digital printing technology have made the importation of advanced equipment and technology from abroad and the expansion of the overseas market for printed products the next development targets for the digital textile printing industry in China.
UBM Asia is already the region's largest trade show organiser and the biggest commercial organiser in China, India and Malaysia. The acquisition of CSTPF launches UBM Asia into yet another new sector of immense potential and will also accelerate CSTPF's internationalisation.
The UBM Asia and CSTPF teams will work in close collaboration with each other and the industry to build the most influential and authoritative international exhibition in the field of digital textile printing.
Jime Essink, President & CEO of UBM Asia, said: "We are entering a dynamic new sector through the acquisition of CSTPF. Textile and apparel is one of the largest and most important industries in China. The development of digital printing has accelerated with the drive for innovation and technological transformation in China to upgrade this industry. Today's fast fashion characterised by small lot and customised printing adds further demand for digital printing. We are very pleased to welcome Gong Changming, General Manager of CSTPF and the CSTPF team to the UBM family and look forward to working closely with this experienced and professional team to grow the expo with UBM's strong international network."
Mr Gong will continue to lead the CSTPF staff and the team will move into the UBM China Shanghai office. The next CSTPF will be held at the Shanghai New International Expo Center, China from April 14-16, 2015.
Notes to Editors
1. About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organiser in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 30 offices and 1,300 staff.
With a track record spanning over 30 years, UBM Asia operates in 20 market sectors with 230 dynamic face-to-face exhibitions and high-level professional conferences, 23 targeted trade publications, 20 round-the-clock online products for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.
UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world's fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Guzhen and Shenzhen, where we organise 90 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 40 events in this region. UBM India teams in Mumbai, New Delhi, Bengaluru and Chennai organise 40 exhibitions and conferences every year across the country.
2. About UBM plc (www.ubm.com)
UBM plc is a leading global events-led marketing services and communications company. We help businesses do business, bringing the world's buyers and sellers together at events, online and in print. Our 5,000 staff in more than 20 countries are organised into specialist teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.
For more information, go to www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM_plc and go to http://media.ubm.com/social for more UBM social media options.
SOURCE UBM Asia
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