Full ownership of IAB

Reed strengthens Indian business

kf - Tuesday, January 28, 2020    

Reed strengthens Indian business
Photo: Unsplash

Reed Exhibitions has completed full ownership of three events in India previously organised by Inter Ads-Brooks (IAB), a 50/50 joint venture in India. This step aims to strengthen Reed Exhibitions’ Indian business. Blech India (Mumbai), Fastener Fair (Mumbai and Delhi) and ExpoRail (Delhi) have now become a part of the growing portfolio of professional trade shows organised by Reed Exhibitions in India. Gregory Zaraisky, CEO, Reed Exhibitions India stated: "We are pleased to have now completed the next step of the Mack Brooks acquisition journey. Having visited ExpoRail, Fastener Fair and Blech India earlier this year, I am extremely excited about their future within Reed Exhibitions India and look forward to seeing all events thrive from our teams' accumulated and significant knowledge and expertise within respective industry sectors. I would also want to express our sincere gratitude to our long time JV partner Rajan Sharma who was a powerful co-engine behind the success story of Inter Ads-Brooks." Rajan Sharma, director, Inter Ads Exhibitions Pvt Ltd, stated, "Whilst we pass on the legacy that we have built over the past decade to Reed Exhibitions, Inter Ads India will continue with its endeavour in bringing focused international exhibitions and conferences to the Indian market."

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Markets | Reed Exhibitions | Acquisition | IAB