Events organiser ITE Group PLC announced it has changed its name to Hyve Group PLC, reflecting the changing of its business following its Transformation & Growth Programme, which started in May 2017 and is nearing completion.
ITE is known for organizing the CWIEME series of events: CWIEME Berlin, celebrating its 25th anniversary next year; CWIEME Americas, North America’s only dedicated event for the supply chain of coil winding, electric motors, transformers and generators; and CWIEME Shanghai, the fastest growing event within the CWIEME family.
Transformers Magazine is traditionally a media partner for all three of those events.
The company expects to trade under its new name with effect on Tuesday, 24 September 2019.
"Today, we launch our new brand identity, Hyve, to move us into the future, with a clear vision, well defined strategy and a renewed energy. We have transformed the group into a next generation global events business, and our new name is a better reflection of who we are now and captures our ambitions for our future," said Chief Executive Officer Mark Shashoua.