Shanghai, 7th December: This week, Reed Exhibitions, a RELX Group company, announced a new joint venture with Shanghai Forever Exhibition. Although announced as new joint venture, this appears to be a Reed acquisition. Detailed terms of the deal were not published.
The new joint venture (JV), Reed Exhibitions Hengjin, will manage the Automotive Manufacturing Technology & Material Show (AMTS), a leading trade exhibition serving the automotive engineering sector in China. AMTS is co-located with Assembly & Handling Technology Exhibition (AHTE). The two shows occupied a gross exhibition area of about 100,000 m2 at the 2018 edition, attracting more than 77,000 professional trade visitors, according to Shanghai Forever.