Featured Image: ASM Global
Venue management company ASM Global has secured operations of two live event spaces at LX Factory in Lisbon, as it continues its European expansion.
The venue is recognised as a cultural hub and a popular visitor attraction in the Portuguese capital. The acquisition marks ASM Global’s first move into the country.
“We’re proudly solidifying our position as market leader across Europe,” said ASM Global Europe president Chris Bray.
“In the past year alone we’ve continued to expand in Sweden where we are market leader, we’ve entered Finland, celebrated ongoing expansion in Italy and Germany and now, a major contract win which brings us into Portugal.
“This growth is a credit to our fantastic team who are the very best at what they do, to our reputation as the world’s best in venue expertise and management.
“We have big plans across the UK and Europe, and this latest news marks an exciting next step in that journey.”
The venue is located within a converted factory complex in the Alcanta area of Lisbon and boasts retail, dining, outdoor bar spaces, live music, cultural events and art installations.
ASM Global is taking on operations in the Fabrica XL and Fabrica L spaces which have a combined standing capacity of 2,870.
In addition, it will manage the associated bar, terrace and gallery spaces.
“We are delighted to announce this exciting partnership for the Events venues within LX Factory,” said the joint venture owners of LX Factory, represented by David Arié of Grupo Arié and Jonathan Willén of Europi Property Group.
“This is a major milestone, closely aligned with our ongoing investment into the wider LX site.
“We firmly believe that delivering a high quality events space will significantly improve LX Factory’s offering, for both local and international visitors alike.
“Working with a globally renowned partner like ASM will help us to deliver that vision.”
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