ASM Global moves into Italy with new Cantù arena

Venue management and services company ASM Global has ‘planted the flag in Italy’ after signing on to co-manage operations, run the commercialisation, and oversee the development of a new entertainment and sports arena in Cantù.

The 6,000-seat arena, which will be complete in late 2023, will be the new home of professional basketball team Pallacanestro Cantù.

The two-tier facility will also provide structural flexibility to allow for other sports and events, including expos, fairs, conventions, and corporate gatherings.

“Today we plant the flag in Italy, a region with incredible growth potential,” says Ron Bension, president and CEO of ASM Global.

“We to making the new arena one of the most recognised facilities in the region”

“ASM brings to Cantù the decades of expertise and world-class service that have made ASM the premier venue service company it is today. We are looking forward to building on our success and making the new arena one of the most recognised facilities in the region.”

John Sharkey, Executive VP, Europe, ASM Global, says: “The Cantù arena is but another example of ASM’s ability to help turn a great idea into reality. We were introduced to this project last year and even in the face of the Covid-19 pandemic we remained steadfast to get to today. I couldn’t be prouder of our team and our new Italian partners and I cannot wait to break ground.”

Financial services and real estate development firm Cantù Next will provide most of the project’s funding – though the cost of the arena has not been revealed – and the local municipal government is in support.

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