NEC Group
| Government-owned corporation | |
| Headquarters | Birmingham, United Kingdom |
Key people | Paul Thandi, Chief Executive |
| Products | Venue management |
| Revenue |
 £139.9m (06/7)[1] |
|
£44.6m (06/7)[1] | |
|
£12.3m (06/7)[1] | |
| Owner |
LDC (Lloyds Bank Group) |
Number of employees | 2,000[1] |
| Parent | Lloyds Banking Group (since 2015) |
| Subsidiaries |
LG Arena National Exhibition Centre International Convention Centre |
| Website | www.necgroup.co.uk |
The NEC Group is a British company that owns and operates four venues in Birmingham: The National Exhibition Centre, from which it gets its name, but also The International Convention Centre, the Genting Arena (based on The NEC site) and The Barclaycard Arena. The company also operates Amadeus – an external catering division, which provides services to prestigious events such as the Loch Lomond golf tournament.
The company is owned by Birmingham City Council and the Birmingham Chamber of Commerce, but the City Council is held financially responsible.
A study by KPMG conducted in 2008 shows that The NEC Group is a major contributor to the West Midlands Region, making a positive contribution of £2 billion a year to the economy and supporting the full-time equivalent of 29,000 jobs.
On 16 January 2015 LDC acquired the NEC Group from Birmingham City Council for £307 million. The deal transferred the NEC Group into private ownership for the first time and included in its portfolio the venues the National Exhibition Centre, The Genting Arena, The Barclaycard Arena and The International Convention Centre. It also included other commercial ventures The Ticket Factory and Amadeus catering as well as the new Genting Resorts World. Birmingham City Council will retain the freehold of all the venues.[2]
Assets
- National Exhibition Centre
- Genting Arena
- International Convention Centre
- Barclaycard Arena (formerly called the National Indoor Arena)
- Resorts World Birmingham