Losberger Acquires MVD Eventos

Losberger group accelerates international expansion with acquisition of leading tent rental company in Brazil. The backing GmbH has mainly participated in MVD eventos, one of the leading tent rentals in the Brazilian premium segment. Financial details of the transaction the parties have disclosed. MVD eventos is one of Brazil’s leading tent rentals, which focuses on premium events in the fields of marketing, sports and culture in the metropolitan areas of Rio de Janeiro and Sao Paulo, headquartered in Rio de Janeiro. The company has acquired an excellent reputation in the facilities of major events over the past years (E.g.

Pan American Games Soccerex Trophy Tour, rock in Rio and the Red Bull Air Race). In addition, the Managing Director of MVD eventos, who will lead the company in the future have decades of experience in the Brazilian event industry. Berndt H. Zoepffel, CEO of Losberger group, commented: with the acquisition of MVD eventos the Losberger is excellently positioned. to take advantage of the occurring in the next few years in Brazil major events (such as world youth day 2013 FIFA Confederations Cup 2013, FIFA World Cup 2014 and 2016 Summer Olympics). Moreover, we are convinced that the fast-growing Brazilian market beyond the major events will offer long-term growth opportunities for the Losberger group.” Dr. Klaas Reineke, Director at H.I.G and Chairman of the Advisory Board of Losberger group, added: together with the management is the strategy, organic growth also through strategically meaningful acquisitions to the worldwide market leader for temporary space solutions to develop Losberger H.I.G.. After the purchase of the space module specialist GRAEFF in August 2012 MVD eventos already represents the second acquisition after the entry of H.I.G and shows that we consistently pursue our strategy at international level.” Press contact Dieter mold marketing and press backing GmbH Gottlieb-Daimler-ring 14 74906 bad Rappenau Tel: 07066 980 169 fax: 07066 980-232 E-Mail: about Losberger: Los Berger, one of the world’s leading companies for the manufacture, sale and rental of temporary tents and Hall systems is with a total capacity of over 130 million euros in the year 2012.