The acquisition will create AOK Cavendish, the expanding hospitality arm of AOK Events. AOK Cavendish will make use of AOK Events’ resources, expertise and growth plan alongside Cavendish’s network and industry expertise to create one of the UK’s largest hospitality agencies.
The new arm will sit alongside AOK Events’ two other core services, Bespoke Events and Venue Finding.
Chief executive of AOK Events, Alex Hewitt, said: "2015 has been a terrific year of organic growth for AOK Events, but our acquisition of Cavendish really propels our hospitality business forwards. We will shortly be confirming appointments as rights holder to a number of well-known hospitality events, and having such an experienced team with a wonderful client roster will help us meet ambitious sales targets for 2016."
Founder of Cavendish, Jim Bignal, added: "I’m very pleased to see that Cavendish will be nurtured by such a fast-growing, energetic young company which will be able to combine our strengths and meet the growing demands of the hospitality marketplace."
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