German event infrastructure provider EVAGO has acquired 100 per cent of Mojo Barriers, in a significant step in its expansion.
The company aims to become one of the world’s largest players in the international live events market, and the addition of Mojo Barriers to its portfolio secures access to international crowd management and infrastructure markets.
Goran Marincic, CEO, EVAGO AG, said:“Thanks to this strategic acquisition, we will continue to strengthen our position in the international market over the long term and advance our growing event infrastructure capabilities with the global stock and team of Mojo Barriers.
“Mojo Barriers is renowned for quality, flexibility, knowledge, experience and reliability worldwide. We are delighted to welcome a strong brand that matches our group perfectly, which will accelerate the growth of both companies.”
Marincic added that Mojo Barriers would remain a standalone company after the acquisition and continue to offer crowd management solutions for a wide range of live events.
Alex Borger, CEO, Mojo Barriers commented: “We will continue to strengthen our market position as part of the EVAGO Group. The event infrastructure market is growing and is full of opportunities, so I am confident future investments will allow our research and development department to continue to develop our product range to take advantages of those opportunities. Our customers and employees will benefit from the fact that Mojo Barriers is now part of a larger group of companies.”