MCH Group sells India Art Fair to Angus Montgomery Arts
This development was shared last year and we are now beginning to see actual changes in ownership.
Swiss-based owner of Art Basel sells majority stake in Delhi event as part of wider withdrawal from regional art fairs programme.
“The acquisition sees Angus Montgomery, which already owns more art fairs in East Asia than any other organiser, grow its profile in South Asia, which jumped from ninth to sixth place in ArtTactic’s 2019 global rankings of regional art markets. Angus Montgomery's portfolio of fairs includes Sydney Contemporary, Art Central Hong Kong and Art SG in Singapore.”