
Hyve sells loss making Turkish business for £8m5th October 2022 | published by EW SHARE
Hyve Group has entered into an agreement to sell its Turkish business Hyve Fuarcılık Anonim Şirketi and subsidiaries to ICA Events for up to £8m.
The sale of the Turkish business completes the disposal all of the group’s Eastern and Southern Europe division, following the management buyout of Ukraine operations and withdrawal from Russia.
Hyve said the move represented a move away from risks relating to geopolitics and currency rates.
Hyve’s Turkish business ran f...
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