Annual Report 2022

23. Investments in subsidiaries

23.1 Investments

Investments in subsidiaries

City

Activity

Consolidation

Share capital in 1000

Investment in % Direct

Investment in % Inirect

Switzerland

 

 

 

 

 

 

 

MCH Swiss Exhibition (Basel) Ltd.

Basel

CP, VE

F

CHF

40 000

100.0

 

MCH Swiss Exhibition (Zurich) Ltd.

Zurich

CP, VE

F

CHF

13 720

100.0

 

MCH Beaulieu Lausanne SA

Lausanne

CP

F

CHF

100

100.0

 

MCH Live Marketing Solutions AG

Effretikon

EM

F

CHF

300

100.0

 

MCH Arcual AG

Zurich

CP

F

CHF

165

67.5

 

Art, Kunstmesse AG, in Basel

Basel

TC

F

CHF

50

 

100.0

Swisstech Fachmesse AG

Basel

TC

F

CHF

50

 

100.0

Natura, Internationale Fachmesse und Kongresse AG

Basel

TC

F

CHF

50

 

100.0

Ineltec Fachmesse AG

Basel

TC

F

CHF

50

 

100.0

Swissdata, Fachmesse für Datenverarbeitung AG

Basel

TC

F

CHF

50

 

100.0

Orbit Fachmessen AG

Basel

TC

F

CHF

100

 

100.0

Esthetica SA

Lausanne

TC

F

CHF

100

 

100.0

Parkhaus Messe Zürich AG

Zurich

VE

E

CHF

5 000

 

20.0

Germany

 

 

 

 

 

 

 

Creative Management Holding GmbH

Hilden

EM

F

EUR

25

 

100.0

MC2 Europe GmbH

Hilden

EM

F

EUR

200

 

50.0

Arcual GmbH

Berlin

CP

F

EUR

12

 

100.0

France

 

 

 

 

 

 

 

MCH Group France SAS

Paris

CP

F

EUR

10

100.0

 

Great Britain

 

 

 

 

 

 

 

Masterpiece London Ltd.

London

CP

F

GPB

19

 

99.0

Arcual GmbH

London

CP

F

GBP

0

 

100.0

Singapore

 

 

 

 

 

 

 

Art Events Singapore PTE Ltd

Singapore

CP

A

CHF

0

15.0

 

United States

 

 

 

 

 

 

 

Art Basel U.S. Corp.

Miami

CP

F

USD

100

 

100.0

MCH US Corp.

Delaware

EM

F

USD

30 000

100.0

 

Creative Management Services, Inc.

Missouri

EM

F

USD

0

 

100.0

Creative Management Services, LLC

Delaware

EM

F

USD

45

 

100.0

Creative Management Services II, LLC

Missouri

EM

F

USD

0

 

100.0

Design Commerce Technologies, Inc.

Delaware

CP

A

USD

3

 

4.8

Hong Kong

 

 

 

 

 

 

 

MCH Group Asia Ltd.

Hong Kong

CP

F

HKD

1

 

100.0

Masterpiece Asia Ltd.

Hong Kong

CP

F

HKD

0

 

67.5

China

 

 

 

 

 

 

 

Expomobilia MCH Global Shanghai Ltd.

Shanghai

EM

F

RMB

1 360

 

100.0

United Arab Emirates

 

 

 

 

 

 

 

Expomobilia MCH Global Middle East (Dubai) LLC 7)

Dubai

EM

F

UAE

300

 

49.0

F Full consolidation

E Equity consolidation

A At cost

CP Community Platforms

VE Venues

EM Experience Marketing

TC Trademark company

Mehr Weniger

23.2 Change in consolidation scope

MCH Swiss Exhibition (Zurich) Ltd. has absorbed its sister company Digital Festival AG with retroactive effect from January 1, 2022.

Mehr Weniger

MCH Swiss Exhibition (Basel) Ltd. acquired a minority shareholding of 15% in Art Events Singapore Pte. Ltd. as per January 17, 2022 at a price of USD 0.3 million.

Mehr Weniger

On March 16, 2022, MCH Group Ltd. founded the company MCH Digital Ventures AG with its registered office in Zurich. The company was renamed Arcual AG on August 30, 2022. On the balance sheet date of December 31, 2022, MCH Group Ltd. held 67.5% of the participation rights.

Mehr Weniger

MCH Swiss Exhibition (Basel) Ltd. founded the company MCH Group France SAS, based in Paris, France, on March 30, 2022. MCH Swiss Exhibition (Basel) Ltd. holds 100% of the participation rights.

Mehr Weniger

On June 23, 2022, MCH Swiss Exhibition (Basel) Ltd. acquired further shares in Masterpiece London Ltd. amounting to 31.5% at a price of GBP 59. As of this date, Swiss Exhibition (Basel) Ltd. holds 99% of the participation rights in Masterpiece London Ltd.

Mehr Weniger

Arcual AG founded the company Arcual GmbH with registered office in Berlin, Germany, on October 12, 2022. Arcual AG holds 100% of the participation rights.

Mehr Weniger

Arcual AG founded the company Arcual GmbH with registered office in Berlin, Germany, on October 12, 2022. Arcual AG holds 100% of the participation rights.

Mehr Weniger

23.3 Further details

MCH Swiss Exhibition (Basel) Ltd. had acquired 67.5 % of the shares in Masterpiece London Ltd. on November 30, 2017 and assumed control of the company on the same date. As per June 23, 2022, MCH Swiss Exhibition (Basel) Ltd. acquired a further 31.5 % and, after the balance sheet date, the remaining 1 % as per February 2, 2023. There were no longer any put/call agreements as at the balance sheet date 2022.

Mehr Weniger

MCH Swiss Exhibition (Basel) Ltd. acquired a minority shareholding of 15% in Art Events Singapore Pte. Ltd. as of January 17, 2022. By acquiring the shares, MCH Swiss Exhibition (Basel) Ltd. also acquired the right to sell back its shareholding in 2024 if the event cannot be staged at all or cannot be staged with economic success.

Mehr Weniger