Angus Montgomery has become the majority shareholder of FIT Events, organiser of the FIT Show.
Co-founders Matthew Glover and Paul Godwin remain shareholders and directors of the company with Matthew as chairman, as does event director Nickie West.
John Beaty, an investor in the business since 2015, has relinquished his shareholding and left the business. In most other respects the business remains unchanged, the company said.
“The FIT Show has gone from strength to strength thanks to tremendous support from the industry, whose loyalty we hope we have returned by producing a show that connects the whole of the window, door and related glass and glazing industry,” Matthew said.
“With growth of the FIT Show in such a relatively short time, coupled with ambitious plans for its future development, it became clear that we would benefit from expertise and investment. One of our shareholders expressed a desire to leave the business and that left us with the opportunity to seek other partners, and Angus Montgomery, a well-established, highly experienced international organiser of a large portfolio of events, expressed a keen interest to become involved.
“Paul, Nickie and I have looked closely at what Angus Montgomery can bring to the FIT Show and Visit Glass, and we are unanimous in our decision to join with them.”
Matthew said there the sales, marketing, operations and administration team would all remain in place.
“However, we are now strengthened through more robust internal systems and structures and through the expertise that will come through working with one of the world’s longest established exhibition organisers,” he said.
Angus Montgomery managing director Damion Angus said: “We have been very aware of the FIT Show and the tremendous success that the event has become since its first show in 2013; it is greatly admired in the exhibition industry.
“Becoming involved with the event and the people behind it will greatly enhance our activities in the sector specifically, and our events overall, and we believe we can offer a great deal of experience to the FIT Show and its exhibitors – this is very much a two-way arrangement.”
Angus Montgomery is responsible for events within the building and construction sector including ‘W’, the UK national show for the joinery and furniture industries, Surface Design Show, Interbuild Africa and Glass Expo Africa, the latter of which take place in Johannesburg biennially.
The company has events in a wide range of other sectors including art and photography, food and drink, hospitality, security and many others, operating a total of 55 events worldwide.