German event infrastructure provider Evago has acquired global crowd barrier specialist Mojo Barriers.
Mojo Barriers, which has offices in the Netherlands, United Kingdom, USA and Australia, along with distributors in 20 other countries, supported tours by Red Hot Chili Peppers, Bruce Springsteen, Rihanna and Muse, among others, last year.
Evago is already a leading industry service provider in the infrastructure, real estate, industries and media and marketing business sectors.
“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," said the company's CEO Goran Marincic. "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, provider of aluminium barriers worldwide for more than 25 years, will remain a standalone company. The additional resources of the Evago Group bolsters the range of products and services it can offer clients.
Mojo CEO Alex Borger 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.”
Photo (left to right): Bernd Loy (Evago Group, COO), Lorenz Schmid (Evago Group, CFO), Goran Marincic (Evago Group, CEO), Alex Borger (Mojo Barriers, CEO), Cees Muurling (seller), Hedwig de Meyer (seller)