IFSEC Acquires Stake in Securex South AfricaJune 2008 News
CMP Information, the organiser of the world's largest annual security event, IFSEC, has acquired a 50% stake in Securex (South Africa's largest security event, owned by Specialised Exhibitions, a subsidiary of UK-based Andry Montgomery Ltd), resulting in the formation of IFSEC South Africa incorporating Securex.
The inaugural event will take place, 1-3 July 2009 at the Sandton Convention Centre, Johannesburg, South Africa.
The growing security industry in Africa has created a market of opportunity for providers of safety and security equipment and services. Upgrading security has been identified as a top priority by businesses and homeowners, who are increasingly looking for external expertise and new digital technologies. Surveillance equipment, particularly CCTV, is the largest sector of South Africa's security market.
IFSEC is the world's largest annual security event and 30,257 (subject to ABC audit) attendees visited the 2008 event, when it took place from 12-15 May 2008 at the NEC, Birmingham, UK. The IFSEC brand was successfully exported to India last year, with the launch of IFSEC India in October 2007, and IFSEC South Africa will extend the global reach of the exhibition further.
Launched in 1994, Securex is the market-leading event for commercial security in South Africa. The 2007 Johannesburg show attracted 190 exhibitors and was attended by close to 6,000 visitors.
With IFSEC's 36 years' experience in the security industry, and Specialised Exhibitions' knowledge of the local market, the event promises to have a huge impact on the South African security market, with the potential to attract increasing interest from security professionals across Southern Africa.
Said CMP Group Director, Simon Parker, "The South African security market has rapidly increased over the past few years and similarly, Securex has seen substantial growth. With the IFSEC global sales and marketing network, we are well positioned to take the event to the next level as the largest pan-African security event."
Sandy Angus, Chairman of Andry Montgomery Ltd added, "We're very pleased to be adding the IFSEC brand to Securex. The South African security market is an important one and this will be the ideal opportunity for international companies hoping to enter the market. We expect to announce some more exciting developments shortly."
For the latest event information please visit www.ifsec.co.uk/southafrica.
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