E.J. Krause and Associates and Tarsus have announced the purchase of a 60 per cent interest of Expo Restaurantes.
Established 18 years ago, Expo Restaurantes is the leading restaurant supplier show in Mexico. The next edition will be held on 27-29 June 2018 in the World Trade Center, Mexico City.
The deal also includes Pescamar (the leading fish and seafood exhibition in Mexico) which is co-located with Expo Restaurantes and is sponsored by both the Agriculture Ministry in Mexico as well as CONAPESCA (the National Commission of Fish and Aquaculture).
Alejandro Borja, founder and organizer of Expo Restaurantes said: “I am very pleased that EJ Krause Tarsus is joining forces with me to help continue the growth and success of Expo Restaurantes and Pescamar which we have developed over the last 18 editions.
“Given Mexico´s booming restaurant culture, I am sure that having an international partner will bring in many new products and services which Mexico´s Gastronomic sector are wanting to source.”
Ned Krause, president and CEO of E.J. Krause and Associates added: “I am excited by this new acquisition in Mexico given that E.J. Krause and Tarsus have a long and successful history of working together in this market. Expo Restaurantes and Pescamar are perfect vehicles for us to enter this growing market in Mexico.”
Douglas Emslie, Tarsus Group managing director, concluded: “We are happy to be growing our portfolio of events in Mexico with our established partner EJ Krause. The team will also work closely with our World Food Expo (WOFEX) event in South East Asia to exploit the synergies between each of them to grow, broaden and further internationalise.”