MOSCOW /PRNewswire/ -- Messe Frankfurt is continuing to expand its presence in Russia with the acquisition of a 50 percent stake in Comtrans and Autotrans by its Russian subsidiary Messe Frankfurt RUS. The remaining 50 percent will be assumed by ITE Expo OOO, the Russian subsidiary of the ITE Group. The new Joint Venture organizing company is ITEMF Expo AO.
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Comtrans - which has had the status of International Commercial Vehicle Auto Show since 2011 - will present the latest models of modern motor trucks, buses, trailers and their parts from September 8-12 at Crocus Expo inMoscow.
ITE's Chief Executive Officer, Russell Taylor: "Comtrans and Autotrans are the most important events in the Russian commercial vehicle sector. ITE's and Messe Frankfurt's international sales and marketing capabilities will give them a further boost. At the same time, we are pleased to be strengthening our partnership with Messe Frankfurt, with whom we have been working successfully for several years on MIMS Automechanika Moscow."
Contact: Sarah Gutermann, +49-7575-3560