Terrapinn, the global media and events company, has acquired ARABLAB LIVE, the Middle East’s premier exhibition for the community of laboratory users in the Chemical, Energy, Medical, BioTech, Food, and Environment industries.
Founded in 1982, ARABLAB LIVE has grown into a significant international event, attracting over 10,000 attendees and 400-500 exhibitors from 120+ countries worldwide.
David Beguely, Managing Director of Terrapinn Middle East, stated: “ARABLAB LIVE sets the industry standard and offers substantial growth opportunities as technology evolves and Middle Eastern markets expand. We look forward to serving all stakeholders and promoting excellence and forward thinking.”
David Domoney, Founder and Managing Director of Arablab Group, commented: “We are impressed by Terrapinn and their Dubai-based business, and are confident that ARABLAB LIVE has found a nurturing home. This is crucial for the community and myself, and we are confident that Terrapinn has the resources, network, and interest to elevate the event to the next level.”
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Furthermore, Greg Hitchen, Group CEO of Terrapinn, added: “ARABLAB LIVE is a wonderful addition to our Science and Labs portfolio, and we plan to extend the Lab Live brand into other geographic markets. We are absolutely delighted to finalize this deal!”
Acknowledgements were extended to David Domoney, Anna John, and all staff and advisers who facilitated the acquisition. Mayfield Merger Strategies acted as adviser to the ARABLAB LIVE shareholders.