Venues Event Management plans expansion

Venues Event Management is looking for further expansion opportunities after reporting a turnover of almost £14m in its first full year of trading.

Venues Event Management plans expansion
Venues Event Management plans expansion

The agency's pre-tax profits were £43,714 for the same period (1 April 2008 to 31 May 2009).

Chief executive Anita Lowe said the company had already extended its service offering to include websites to support event registrations, evaluations and delegate management, AV production and consultancy.

Venues Event Management now plans to strengthen its offer and is looking at acquisition opportunities.

 "As a result of winning several incentive events, we are putting a strong focus on this area and our international capabilities in general," said Lowe. "We are still investigating opportunities and exploring the possibilities to strengthen our position in the marketplace.  We are keen to expand our service offering and client portfolio further through potential acquisitions."

Venues Event Management recently appointed Katherine Lewis as client development manager and plans to recruit an additional client development manager, taking the sales and marketing team to six.

Hyundai Motor UK and Trader Media are among the agency's corporate account wins this year.

Venues Event Management was originally incorporated into the company in August 2007, having previously traded as Conferaccom, and began trading on 28 May 2008.

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