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Business News Deals Live Business
ASM Global to manage Olympia London
By Chris Cooke | Published on Friday 4 March 2022
ASM Global has been appointed to run operations at Olympia London, the West London conference and events complex that is currently being redeveloped. ASM will specifically take “management responsibility for the exhibitions and events business” at the complex.
“ASM Global and Olympia London’s management teams have already been working collectively on a venue enhancement plan for world-class conference and hospitality facilities, with further details to follow in due course”, an announcement said yesterday, before adding that existing staff and management at Olympia London will now transfer over to ASM Global.
Name checking Olympia London’s owners while confirming the new deal to run the complex’s conference and events business, ASM Global CEO Ron Bension said: “We are proud to partner with Olympia London, Yoo Capital and Deutsche Finance International on this amazing and historic venue, positioning it at the forefront of the industry for the next 100 years”.
“Our commitment to guest and partner satisfaction aligns with the reputation of Olympia London”, he added, “and we look forward to continuing to serve existing and new clients’ event schedules at Olympia London and developing the programme with other signature events”.
Nigel Nathan, the Managing Director of Olympia London – who will take on the role of Chairman after ASM appoints its own MD to head up the day-to-day running of the venue – added: “This is a truly exciting chapter in the history of Olympia London – a partnership with a global venue management company with far wider business reach and resources than we could have ever imagined”.
“The future for Olympia London and the events we host has never been brighter as we benefit from the £1.3 billion investment to create an outstanding destination for London”, he went on. “I decided some time ago to transition from Managing Director to Chairman and now is the perfect time to begin that process knowing that the business is in the best position to benefit from the globalisation of events in partnership with ASM Global”.
The all new super duper redeveloped Olympia London complex also includes a music venue. AEG Presents has already been appointed to manage that space, it – like ASM Global – being a subsidiary of the wider AEG group.
