GERMANY: German event infrastructure provider Evago AG has acquired 100% of the shares in Mojo Barriers’ global crowd barrier business.
The Evago Group, which includes German full service event company BÜMO, has taken a significant step in its expansion to become one of the world’s largest players in the growing live events market. By adding the Mojo Barriers range to its portfolio, Evago Group has also secured access to important international crowd management and event infrastructure markets.
Goran Marincic, CEO of 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. 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.”
Mojo Barriers, the leading provider of aluminium barriers worldwide for over 25 years, will remain a standalone company offering a comprehensive assortment of high quality, reliable crowd management solutions for festivals, tours, and fashion shows, as well as political, sports, corporate and cultural events.
Alex Borger, CEO of Mojo Barriers, said: “We will continue to strengthen our market position as part of the Evago Group. The event infra-structure 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.”
Mojo’s main office locations in the Netherlands, United Kingdom, USA and Australia along with distributors in 20 other countries will continue to offer its global customers the same Mojo Barriers products. The additional resources of the Evago Group bolsters the range of products and services it can offer clients.
Outgoing Mojo co-owner Cees Muurling said: “The Evago Group provides Mojo Barriers with a strong strategic partner and a new structure to develop the company. I am convinced that all sides will greatly benefit from this acquisition.”
This past summer, Mojo Barriers successfully supported tours by The Red Hot Chili Peppers, Bruce Springsteen, Rihanna, and Muse, among others.
Outgoing Mojo co-owner Hedwig de Meyer concluded: “Mojo Barriers’ products and employees represent quality and reliability. Evago’s values were very important to us when selecting a future owner and I am happy that we have found a great match. We will continue to remain closely connected to Mojo Barriers in the future and will continue to provide advice and assistance.”