MCH Group, the Swiss Conglomerate that owns Art Basel, has announced its purchase of a 25% stake in Art Düsseldorf. “MCH Group’s participation in Art Düsseldorf constitutes a further step in the implementation of our strategic initiative for the worldwide expansion of a new portfolio of regional art fairs in important art locations,” says Marco Fazzone, MCH Group’s managing director of design and regional art fairs. “We are convinced that Art Düsseldorf will be a success. Art Düsseldorf in the Areal Böhler will become the leading regional art fair in Germany, the Benelux region, and the Rhineland—and thus also have an international radiance.”
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