This acquisition adds further diversity and scale to our digital strategy and as well as significant value for our Mining Indaba event community.
121 Group is a much-respected brand with a proven business model. It offers pre-arranged and targeted one-to-one meetings connecting CEOs and investors from the mining industry, both online and in person. The business was founded in 2014 and today it runs 10+ meeting programmes around the world, as well as The Assay, a mining investment focused news site and magazine, and an investor relations service.
I am very pleased to announce the strategic acquisition of 121 Group, a market-leading one-on-one meeting provider for the mining sector. I am impressed by the advocacy which the founders have developed among the mining and investment communities and their foresight to develop this model, which has proven extremely popular both online and in person. This well-established company is highly complementary to our Mining Indaba event, while further accelerating our Group omnichannel offering and providing further profitable growth opportunities.This May, Mining Indaba and 121 Mining Investment Cape Town will team up to bring the mining investment community together for an unmissable week of networking, insights and business development.
The partnership of these two prominent platforms will create an experience like no other. Attendees will have access to more than 1,000 investors, brokers and analysts, as well as the opportunity to hear keynotes from Africa’s largest mining companies and rub shoulders with mining Ministers from Africa’s key mining destinations.
Toby Duckworth, 121 Group Founding Partner, commented: "We are delighted to join Hyve Group with its global portfolio of market-leading events. We look forward to further growing our series of events with Hyve's support and leveraging the digital capabilities Hyve is building as part of its omnichannel strategy. We're particularly pleased that 121 mining Investment Cape Town and the Mining Indaba will now join forces to offer the mining investment community an unmissable week of professional matchmaking, learning and business development in."
