NEC Group
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| Private limited company | |
| Headquarters | Birmingham, United Kingdom |
|
Key people
|
Paul Thandi, Chief Executive |
| Products | Venue management |
| Revenue |  £139.9m (06/7)[1] |
| £44.6m (06/7)[1] |
|
| £12.3m (06/7)[1] |
|
| Owner | Lloyds Banking Group |
|
Number of employees
|
2,000[1] |
| Parent | Lloyds Development Capital |
| Subsidiaries | LG Arena National Exhibition Centre International Convention Centre |
| Website | www.necgroup.co.uk |
The NEC Group is one of the world's largest venue management companies.[citation needed]
Operations
The NEC Group operates the National Exhibition Centre (NEC), the International Convention Centre (ICC), the Genting Arena (formerly the LG Arena) and the Barclaycard Arena (formerly the National Indoor Arena). It also manages a range of support services including The Ticket Factory, catering company Amadeus; and the hospitality brand 'Amplify'.
In recent years,[when?] the group has launched three additional internationally focused businesses; NEC Group International, offering venue management consultancy services, MemoryHaus to develop event content, and Eight Feet Tall, a specialist sponsorship and media sales consultancy for the live events industry.
Employing more than 1,000 on a permanent basis, with a further 700+ casual workers, the NEC Group also claims to deliver more than £2.1 billion annual impact to the regional economy and supports the full-time equivalent of 29,000 jobs.[citation needed]
Privatisation
On 16 January 2015, Lloyds Development Capital (LDC), a subsidiary of Lloyds Banking Group, acquired the NEC Group from Birmingham City Council for £307 million. The deal transferred the NEC Group into private ownership for the first time. The council retained the freehold of all the venues.
Assets
- National Exhibition Centre
- Genting Arena (formerly called the LG Arena)
- International Convention Centre
- Barclaycard Arena (formerly called the National Indoor Arena)
- Resorts World Birmingham
- The Ticket Factory
- Amadeus food
- Amplify hospitality
- NEC Group International
- MemoryHaus
- Eight Feet Tall
References
External links
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