2022 Baselworld will no longer take place, which is the third annual show that has been cancelled in a row.

Beat Zwahlen, CEO MCH Group

Baselworld's official homepage was replaced with a note from the organisers.

MCH Group's share price has plummeted in the past 5 years; trading at CHF 71 in May 2017, it traded at CHF 11.30 on 12 November 2021.

The past year has not been kind to MCH. The share price fell on 12 November and closed at 11.30, near its low of 10.72 in April 2020.