Essential reading for retailers and suppliers in the home improvement market

BHETA to own Exclusively shows outright

Published: 7 January 2019 - Fiona Garcia
 

The British Home Enhancement Trade Association (BHETA) has purchased the two minority shareholdings in Brooke House Exhibitions, the owner of the Exclusively Housewares and Exclusively Electrical shows, from Simon Boyd and Christopher Leonard-Morgan. 

According to the trade association, both shareholders had expressed a desire to divest their investments. As BHETA was previously the third shareholder in Brooke House Exhibitions, the move means the association will be solely responsible for the event.

Commenting on the move, BHETA executive chairman Andrew Weiss said: “Following a strategic review, it became clear that it would be in the best interests of our members to keep this valuable asset wholly owned by the association.  We also felt that, by combining the marketing and operational activities for the events under the BHETA banner, we could continue to invest in ensuring the exhibitions remain major dates for the diary in the housewares and small domestic electricals calendars.”

The transaction was completed following an independent valuation of the business and subsequent recommendations from the association’s advisors.

Simon Boyd has been retained in a role of marketing and operations consultant and will continue to deliver the event, which is now in its 18th year.  He will report to BHETA housewares executive director Will Jones, who will continue in his role as chairman of the management committee.

Andrew Weiss added: “There will be no outward change to the event – BHETA has simply increased its shareholding as, after 17 years of support, the other shareholders have decided to move on.  We are very grateful for both [of] their contributions in making the Exclusively shows so successful.

“Looking forward, this not only facilitates BHETA’s ongoing support and commitment to the Exclusively brand, it also allows us to streamline some activities within BHETA and as a result gear up to provide even greater support for all our members across the board.”  

 

 

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

What do you think?


Are we seeing a rise in consumers interested in smart home security?



Latest reader comments

re: A guide to construction safety for home builders

Daniel Wood
Safety should always be the first priority. If followed properly, these precautions are all we need to tackle all unwanted accidents. I ...

re: Further Homebase closures ahead

Shaun Collorick
Cheltenham homebase has closing down signs outside, but not Gloucester homebase.... Yet!...

re: B&Q sales slide, as Screwfix decision to exit German market costs millions

B&Q bob
No surprises from us on the shopfloor management paralysed by fear of jobs and to weak to take chances so bumble around. Ranges boring, and ...

re: Further Homebase closures ahead

Miss l'a tesha gc Wilson
Please keep me updated regards all Store closures Thank you...

re: Graham Bell to head up B&Q as part of Kingfisher reshuffle

Peter Earl
I HOPE GRAHAM BELL THE NEW CEO OF B&Q GETS TO GRIPS OF THE COMPANY VERY SOON.MY WIFE WENT FROM SHADOXHURST TO GILLINGHAM TO GET SOME ...

Most read stories