INTERNATIONAL NEWS - Capital Events to set up UK branch

Global live events management company Capital Events launches in

the UK this month. It will be headed by former Caribiner Europe managing

director Mark Wallace.



The French-founded company has offices across Europe and in New York and

Los Angeles. Clients include Renault, Microsoft and the Foreign

Office.



"We felt the company needed to have a presence in the UK," said

Wallace.



"The market is slack at the moment but we felt that if we didn't move

into the UK now then we would lose out."



The new offices will be in Chiswick, west London. In two year's time the

company plans to have its head office in the UK.



"Most of our clients are blue-chip companies and most of their head

offices are in the UK," Wallace said.



Capital Events, which has an annual turnover of about £85m, is

looking to expand its presence in the US and branch out in Russia, Hong

Kong and Singapore.



"Capital Events is a very entrepreneurial company," added Wallace. "The

UK market is a very important one as it has a high number of clients who

are heavily reliant on live events."




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