Friendly takeover

Merchandise Mart Properties, Inc. (MMPI) and Magnum Productions Inc. announce the acquisition of the cutting-edge, consumer-focused Design Vancouver (Interior Design & Urban Living Expo). With the acquisition, Jason Heard, show founder and president, will join the MMPI management team in Canada and will continue to run the event.

When added to the current portfolio of innovative shows and events – including the popular Interior Design Show Toronto, IIDEX/NeoCon Canada, Design Northwest, the One of a Kind Shows, Construct Canada, Buildex, PM Expo and Design Trends – MMPI will further extend its leadership in high-end design events for consumers and the trade.

“We are proud to add Design Vancouver to our portfolio of great shows and events that are leading the way in design, creativity and innovation in the residential and built environments,” says Steven Levy, senior vice president of MMPI. “Design Vancouver is a highly respected and distinct show that is unmatched in its ability to reach consumers looking for great design trends, style and functionality for their homes.”

“Joining the MMPI family of successful events is the perfect next step in realizing the vision and potential of Design Vancouver,” says Jason Heard, DV’s founder and president. “The west coast is an important and growing market and this acquisition by MMPI will ensure a strong future for this upscale west coast design show. We look forward to building a national tie with the IDS in Toronto, and continuing to develop and enhance design experiences across Canada for consumers as well as the design trade and retail buyers.”

Says Mark Stephen, vice president, Western Region, MMPI Canada: “By merging Design Vancouver into our MMPI family, we will not only strengthen our western reach and presence, but gain valuable insights and experiences that can be integrated into our other hugely popular shows throughout Canada, British Columbia and the Northwest U.S.”