Business Design Centre and Hilton Islington Hotel have been acquired by ADNEC

Excel London, a 100% owned subsidiary of ADNEC Group and an indirect wholly owned subsidiary of Modon Holding P.S.C, has completed the acquisition of BDCG Holdings Company, the 100% owner of the Business Design Centre, one of the leading trade and exhibition venues located in London, UK.

Originally the Royal Agricultural Hall dating back to 1862, BDC, a Grade II listed venue now spans a 4.5-acre freehold estate and hosts a wide array of leading events, awards and product launches, as well as long-standing shows such as the London Art Fair, HIX and the Surface Design Show. With over 130 events and more than 900,000 visitors a year, the North London venue is a multiple award winner and the current Exhibition News Venue of the Year. In addition to its 6,000 sqm of dedicated event and conference space, BDC also provides over 12,500 sqm of high-quality, let-able space for showrooms, offices and serviced offices. The estate also includes the freehold title to the Hilton Hotel land located in Islington, London.

The acquisition of BDC represents an important milestone in Modon Holding and ADNEC’s long-term growth strategy, adding a prestigious asset in the heart of London, one of the world’s premier event destinations. This move highlights Modon Holding and ADNEC’s commitment to investing in and supporting the growth of the global events industry. With its strong reputation and long-term heritage, BDC will provide ADNEC and Excel with an ideal platform to enhance its presence in this sector.

Rothschild & Co advised on the acquisition of this transaction. For further detail please contact Jeremy Furniss.

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