In a joint statement released via social media, they state:

“Sadly, today we have taken the decision to suspend Russian state enterprises from participating at IMEX in Frankfurt 2022, as a direct result of the current political situation. We do this with a heavy heart, understanding that the world is in an unprecedented situation. Our hearts go out to everyone who is affected and especially for the people of Ukraine. All of us wish for a speedy and peaceful resolution to this conflict”: