AEG Facilities, SMG merge: ASM Global is born
"An exciting new chapter": arena operators AEG Facilities and SMG complete merger to create ASM Global, a single company jointly owned by SMG parent company Onex and AEG
News By | 1 October 2019
AEG’s venue management arm, AEG Facilities, and Onex-owned SMG announced today (1 October) that they have completed their merger to create a single global facility management and venue services company, ASM Global.
The companies, which between them operate and run many of the world’s most important large entertainment venues, first announced their intention to merge in February. The completion of the merger comes following the UK’s Competition and Markets Authority approval of the deal in September.
ASM, headquartered…