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ADNEC Group Finalizes Acquisition of UK’s BDCG Holdings

ADNEC Group Finalizes Acquisition of UK’s BDCG Holdings
  • ADNEC Group has acquired BDCG Holdings, the owner of London’s Business Design Centre (BDC), through its subsidiary ExCel London, enhancing its global presence in the events and exhibitions sector.
  •  This acquisition aligns with ADNEC’s strategy to expand its international footprint and capitalize on the growing demand for premier event spaces, thereby supporting economic growth for Abu Dhabi and the broader global events industry.
  • By integrating BDC into its portfolio, ADNEC strengthens ExCel London’s position as Europe’s largest integrated conference and exhibition venue, enabling it to host a wider range of high-profile international events and enhancing its competitive edge in the global market.

ADNEC Expands Global Event Industry Reach

Abu Dhabi’s ADNEC Group has successfully acquired BDCG Holdings, the owner of London’s iconic Business Design Centre (BDC). This transaction, conducted through ADNEC’s subsidiary, ExCel London, strengthens the group’s global presence in the events and exhibitions sector. The financial details of the deal have not been disclosed.

BDC: A Leading London Venue

The Business Design Centre, located in North London’s Islington district, is a prestigious Grade II listed building. Covering 4.5 acres, it offers 6,000 square meters of event and conference space. The venue hosts high-profile events such as the London Art Fair, HIX, and the Surface Design Show. The acquisition also includes the freehold title to the adjacent Hilton Hotel land, adding valuable real estate to ADNEC’s portfolio.

Strategic Move to Strengthen Global Presence

ADNEC, a wholly-owned subsidiary of Abu Dhabi-listed Modon Holding, views this acquisition as part of its strategy to expand its international footprint in the events and exhibition industry. The company is actively pursuing growth opportunities to leverage the increasing demand for world-class event spaces. ADNEC’s investments, both within the UAE and abroad, focus on developing state-of-the-art facilities to cater to the evolving needs of the global events sector.

ExCel London: Europe’s Largest Event Space

With the acquisition of BDC, ExCel London, which ADNEC has owned since 2008, now stands as Europe’s largest integrated conference and exhibition venue. Long recognized as a premier location in London, ExCel has hosted major international conferences, exhibitions, and large-scale events. The addition of BDC further enhances ExCel’s position and ADNEC’s influence in the European and global events market.

ADNEC’s Global Expansion

ADNEC Group has a history of successful international acquisitions. The company began its global journey with the acquisition of ExCel London in 2008, which has since hosted significant events like the G20 summit and World Travel Market.

ADNEC’s global portfolio includes major exhibition and conference venues, particularly in Abu Dhabi and Al Ain. The acquisition of BDC marks a significant step in ADNEC’s ongoing strategy to broaden its reach, attract global events, and drive economic growth for both Abu Dhabi and the worldwide events industry.

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