Reed Exhibitions announces acquisition of Packplus India
Reed Exhibitions, a division of RELX, has announced the acquisition of PackPlus - a portfolio of tradefairs previously owned by Next Events, serving the Indian packaging industry.
Launched in 2006, PackPlus, an annual event held in Delhi, has established itself as India's largest dedicated gathering of trade professionals in the packaging industry.
The PackPlus portfolio has expanded to include PackPlus South (Bengaluru/Hyderabad) and the India Packaging Show in Mumbai.
With this acquisition, Reed Exhibitions further expands its presence in India and adds to its portfolio of more than 500 events across 30 countries.
With the recent acquisitions of Big7 and Mack Brooks, Reed Exhibitions continues to strengthen its position in India.
Gregory Zaraisky, CEO, Reed Exhibitions India, states: “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.”
Anil Arora, President of Next Events, said: “My wife Neetu and I are very proud of what we have developed and built. PackPlus was and remains our passion, and we are very happy to see the same passion in Reed Exhibitions. We feel confident and comfortable that the team, the events and the customers will further enrich their experiences from Reed Exhibitions’ global reach, commitment to customer value and investment in technology.”
Zaraisky added: “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.”
The next edition of PackPlus Delhi, held at Pragati Maidan, will take place 28-31 August 2019.
2019-05-01 Source: ExhibitionWorld.co.ukTweet di @FairAdvisor