20.02.19 Joint-Venture
1 min to read

Leaf has assisted GL events to take control of ZhongZhiXing Group


February 20th, 2019

Leaf has assisted GL events to take control of ZhongZhiXing Group

Leaf has been appointed counsel by GL events to assist the French listed company in their acquisitions previously announced in China. Recently, our firm has assisted GL events to take control of ZZX capital, a provider of event engineering and logistics and general contracting services for exhibition organizers and a manufacturer of stands for exhibitors.

GL events is an international integrated company of events engaged in the following three business sectors: (1) service providing for sports events, exhibitions, conferences and corporate events (GL events Live), (2) exhibitions, conferences and events planning (GL events exhibitions), and (3) management of worldwide event venues including congress centers and exhibition centers (GL events venues).

Leaf has assisted GL events in their Chinese transactions in collaboration with the team of GL events for the legal due diligence, the structuring, the negotiations and the drafting of transaction documentation.

Bruno Grangier and Jean-Philippe Engel led the Leaf team.

About Leaf

Leaf is a corporate law firm specialized in M&A transactions in China. The team, composed of Chinese and international corporate lawyers, advises mid-cap enterprises and international corporations for their M&A operations in China, their joint-ventures with public and private Chinese players or to structure investment in Asia. Leaf’s team has recently received the award of the M&A Cross-Border Transactions Firm of the Year in China by Finance Monthly and recognized as a member of league of Valuable Practice in M&A by Leaders League in 2018.

About GL events

As an integrated Group operating in all event professions, GL events works in three major segments: event organization, event venue management and services for fairs, congresses and events. GL events assists companies, institutions, and event organizers at every stage of the process from the definition of their event strategies to final implementation in the field. Recently, GL Events has announced 2018 consolidated revenues topping €1bn.

About ZZX

ZZX (member of the China Association for Exhibition Centers – CAEC – and Shenzhen Association of Exhibition Centers) was founded in 2016 by Mr. Wang Keqiang in Shenzhen, a major Chinese city soon to be home to the world’s largest Exhibition and Congress Center SWECC) scheduled for opening in 2019. After 12 years of sustained growth ZhongZhiXing Group has developed into an event services provider of significant size in China.

For further information:

Bruno Grangier – b.grangier@leaf-legal.com

Press Release Leaf GL events ZZX