India, 1st May: Last week, Reed Exhibitions, an international leading exhibition organiser, announced that the company has acquired PackPlus, a portfolio of trade fairs serving the Indian packaging industry. Financial details of the acquisition were not disclosed.
PackPlus, previously owned by Next Events, was launched in 2006 and has its flagship annual event in Delhi. Today, the PackPlus portfolio also includes PackPlus South (Bangalore/Hyderabad) and the India Packaging Show in Mumbai.
Gregory Zaraisky, CEO, Reed Exhibitions India, stated, “For a long time we were intrigued by the evolution and progress of PackPlus, and we are delighted to take the baton and add our global experience, energy and resources to this exciting portfolio… The acquisition of PackPlus marks our third deal in India this year and an important step in our strategy. We are extremely committed to the market and the industries we serve. We welcome the PackPlus team into our family and together we will write the next chapter in RX’s growth story in India.”
Tokyo, 26th April: Last week, Japan-based media group, Nikkei, announced that the company has acquired a majority stake in DealStreetAsia, a Singapore-based financial news site with a focus on corporate investment activity in Southeast Asia and India. No financial details of the acquisition have been released.Read More
China, 24th March: Earlier this week, GL events announced plans to acquire 60% of Shenzhen Sheng Shi Peng Cheng Exhibition Company subject to approval from the Ministry of Commerce of the People’s Republic of China (MOFCOM). Financial details for the acquisition were not released.Read More
India, 4th March: This week, Reed Exhibitions, a leading global exhibition organiser, announced the acquisition of India BIG7, one of India’s largest trade events for gifts, stationery, writing instruments, office supplies, kitchenware and home décor. No financial details of the deal were provided.Read More
New Delhi/Düsseldorf, 22nd February: Messe Düsseldorf India, the Indian subsidiary of international exhibition organiser, Messe Düsseldorf Group, announced the company has acquired the FAMDENT Shows, an Indian trade event addressing the dental medical industry. No financial details were disclosed.Read More
Beijing, 28th February: GL events announced plans to acquire 55% of CIEC Union, subject to approval from the Ministry of Commerce of the People’s Republic of China (MOFCOM). Financial details for the acquisition were not released.Read More
Jakarta, 12th February: The Indonesia Motorcycle Show (IMOS), one of the largest motorcycles shows in Indonesia, has been acquired by Comexposium. The acquisition is expected to be officially completed in the first quarter of 2019. No financial details were released. IMOS will be organised by Seven Event, a joint venture between Comexposium and Amara Pameran Internasional (API).Read More
Singapore, 12th February: Earlier this week, MP International, part of the Pico Group, announced that the company has acquired “a significant stake” in the FUTR Group (formerly Millennial 20/20), a global trends, innovation and summit events business. Financial details of the acquisition were not disclosed.Read More
London, 15th January: Reed Exhibitions, the second largest global exhibition organiser, announced that the company has entered into a definitive agreement to acquire Mack Brooks Exhibitions. The transaction is subject to regulatory approval and is expected to close at some point in the first half of 2019. Although no financial details for the acquisition were disclosed, industry insiders have estimated the deal to be worth approximately £210 million (US$273 million).
Based in St. Albans in the U.K., Mack Brooks Exhibitions was established in 1965 and operates more than 35 B2B events in 14 countries. Flagship brands include EuroBLECH, inter airport, Fastener Fair, Chemspec, RAILTEX, ICE Europe, CCE, PSE Europe and InPrint.
Mack Brooks has a small portfolio in Asia including geo-cloned editions of Asia Blech, InterAirport, and its Fastener Expo in China, India, Thailand and Singapore. In total, the company is estimated to have revenues of approximately US$50 million. The deal represents Reed Exhibitions first significant acquisition in many years.
Chet Burchett, CEO of Reed Exhibitions, commented, “Mack Brooks is an excellent fit with Reed Exhibitions’ existing portfolio and the combination of the two businesses will deliver value for all stakeholders… Mack Brooks is widely recognised as a market leading exhibitions organiser and bringing these shows together with Reed Exhibitions’ own strengths in delivering customer value and innovation represents an exceptional opportunity.”