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Art Basel Group Buys Art Hong Kong Fair - ArtLyst Article image

Art Basel Group Buys Art Hong Kong Fair

07-05-2011
 
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MCH Exhibition Ltd, the Swiss owned Group organizer of Art Basel and Art Basel Miami Beach  has bought Asian Art Fairs Ltd, the owners of ART HK  the Hong Kong International Art Fair.The MCH Group will now take a majority shareholders stake in AAF Ltd. This sets out a significant move for Art Basel in their quest for world domination. ART HK is now the leading art fair in Asia. Art Basel has monopolized the upper end of the fairs market internationally for many years and it now controls the three out of the four key slots for Art fairs in the world.

The fair will now change its name from ART HK to Art Basel HK. Branding has been a very important aspect of Art Basel's rise to world domination.  China earlier this year overtook the UK as the third largest global art market and As this market has taken hold it has been strategically important to develop an international art fair in this region. The 2012 edition will remain under the show's current ART HK banner and Magnus Renfrew will remain the director.  The event will be held from February 2 to 5, 2012 before moving from the current May slot. Further details about the 2012 show and the future editions under the Art Basel brand will be forthcoming.

Art 42 Basel takes place June 15 – 19, 2011

The world's premier international art show for Modern and contemporary works, Art Basel features nearly 300 leading galleries from North America, Latin America, Europe, Asia and Africa. More than 2,500 artists, ranging from the great masters of Modern art to the latest generation of emerging stars, are represented in the show's multiple sections. The exhibition includes the highest-quality paintings, sculptures, drawings, installations, photographs, video and editioned works.

Art Basel and Art Basel Miami Beach
The world's premier international art show for Modern and contemporary works, Art Basel features nearly 300 leading galleries from North America, Latin America, Europe, Asia and Africa. More than 2,500 artists, ranging from the great masters of Modern art to the latest generation of emerging stars, are represented in the show's multiple sectors. From June 15 to 19, 2011, the 42nd edition of Art Basel takes place featuring the highest-quality paintings, sculptures, drawings, installations, photographs, video and editioned works.

Art Basel Miami Beach will celebrate its 10th anniversary in December 2011. The show made its debut in December 2002 and was quickly named as the most important art show in the Americas. As the sister event of Art Basel, Art Basel Miami Beach combines an international selection of more than 250 leading galleries with an exciting program of special exhibitions and events.

ART HK – Hong Kong International Art Fair
Since starting in 2008, ART HK has emerged as the leading art fair in Asia, attracting a rich mix of international galleries, collectors, curators and museum directors. Recognized as the gateway between Asia and the West, Hong Kong is unparalleled as a location for a major destination art fair in the region. This year’s ART HK will take place from May 26 to 29, 2011 and will present 260 galleries from 38 countries.

During Art Basel 2011 which takes place June 15 – 19  a fantastic  atmosphere fills this traditional city, as the international art show is reinforced with exhibitions and events all over the region. It has been the most important event on the Contemporary art calendar for many years and with the Venice Biennale taking place as well, summer 2011 looks set to be  another exciting time for art lovers.

Visit ART HK


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