Wednesday, February 4, 2015

SMG Completes Deal to Acquire CGC Events Limited

For immediate release

West Conshohocken, PA (February 4, 2015) - SMG, the world leader in facility management and a leading provider of food and beverage services, announced today that it has acquired CGC Events Limited (“CGC”). Headquartered in Yorkshire, England, CGC provides catering services for clients in a wide range of industries, including horse racing tracks, sports facilities, museums, and civic and cultural venues. The acquisition will enable SMG’s European division, SMG Europe, to broaden their base of food service customers to include some of the preeminent venues and businesses in the North of England.

“The addition of CGC’s business and the outstanding quality of their customer base provides us with an opportunity to share our expertise and to combine our resources to continue CGC’s track record of providing high quality service,” said SMG’s President & CEO, Wes Westley. CGC’s management team, led by Managing Director Darran Coulson, will continue to operate the CGC business under SMG’s ownership.

Mr. Coulson said “SMG Europe has an excellent reputation as a provider of venue management, and food and beverage services, at its venues throughout the United Kingdom. We believe putting CGC and SMG together is a perfect match for our clients, business partners and employees. I look forward to working alongside the SMG/SAVOR management team as we strive to maintain our excellent service to our customers, and seek to grow our business in the U.K.”

The CGC acquisition will strengthen SMG Europe/SAVOR’s position as an innovative, high-quality provider of food service in the United Kingdom. CGC’s clients include iconic horse racing tracks as well as stadia and heritage venues and many other prestigious shows and events.

SMG Europe and SAVOR currently manage food and beverage operations at all of the SMG Europe-operated venues in the U.K., including the Manchester Arena and Bridgewater Hall in Manchester, First Direct Arena in Leeds, Metro Radio Arena in Newcastle, Odyssey Arena in Belfast, the Barbican in York, the Baths Hall and Plowright Theatre in Scunthorpe, and Playhouse Whitley Bay in Tyne and Wear.