We called ANDMORE to discuss the recent sale and received the following statement:
Consistent with the model of wholly owning and operating its tradeshows and market centers, ANDMORE has sold its interests in LightFair to Messe Frankfurt, effective February 23. Messe Frankfurt, owner and operator of Light + Building, the industry’s premier international event, will continue to partner with IES and IALD, the industry’s leading trade associations, creating new opportunities for the LightFair brand and the event’s exhibitors and attendees. This was a deliberative decision by ANDMORE to redeploy capital to growing industries in our universe. The change also gives us the opportunity to fully focus on delivering value to customers in our core markets – gifts, home furnishings and apparel.