Pico subsidiary MP International announces acquisition of a significant stake in FUTR Group

MP International, a subsidiary of Pico Far East Holdings Limited (“Pico”) (HKEX Stock Code: 752), announced the acquisition of a significant stake in FUTR Group (formerly Millennial 20/20), a global trends, innovation and summit business which explores the future of retail, marketing and commerce in Asia, Europe and the US.

FUTR Group – comprising FUTR Summits, FUTR Insights, FUTR Immerse and FUTR Innovate – is a global, year-round platform which covers future trends shaping retail, marketing and commerce, including advertising, augmented reality, artificial intelligence, data, marketing, mobile, retail, robotics, social, video, voice, virtual reality and more.

Commenting on the acquisition, Jason Ng, Executive Director of MP International said “We see great synergy and potential growth in our partnership with the FUTR Group. Leveraging Pico’s global track record in experience design and brand engagement that spans half a century and using our combined knowledge and experience with innovation, future trends and insights across multiple industry sectors, platforms and territories, this move will further expand our value proposition for our clients.”

“We have seen tremendous organic growth over the last three years and are very pleased to partner with Pico to take it to the next level, especially in regions like Asia where Pico’s presence and reputation is second-to-none. They have extensive experience and a superb track record in supporting growth businesses in our industry.” Rupa Ganatra, co-founder of FUTR Group said. 

MP International:   

FUTR Group: