MCI adds India and acquires again in Sweden

MCI has furthered its plans to ‘become the world’s leading association, communication and event management company’ with the announcement of its first Indian office and a further Scandinavian acquisition. Headquartered in Mumbai, the Indian office will be headed by managing director Sanjay Saxena – whose CV includes 12 years with The Oberoi Group and most recently worked at Advani – assisted by Helen van Oers, MCI director of Asia Pacific development. “India is one of the fastest growing countries in the world, with a young and educated population,” said MCI president Roger Tondeur. “Many of our clients are interested to expand their activities in India and are counting on MCI to provide the service we do in our other offices.” MCI institutional division chief executive Robin Lokerman added: “We have already signed two contracts for association consulting and a large corporate event and believe that once our office is fully operational, many of our clients will consider expanding into India.” MCI is forecasting that its Indian team will grow to 15 people within 18 months. On the European front, MCI has made Swedish DMC European Network its latest acquisition. European Network will now become part of MCI Ovation – MCI’s DMC wing headquartered in Dublin. In a similar deal to the acquisition of Ovation in June, European Network owners Johan Persian and Marcus Östlundh becomes part owners of the MCI Group. The deal follows MCI’s recent purchases of Stockholm’s Stocon and Gothenburg’s Inspiro. European Network also has offices in Stockholm, London and Barcelona.

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