Reed Exhibitions, Alcantara Machado expand Brazilian joint venture

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Sao Paulo, Brazil—Reed Exhibitions and Alcantara have agreed to expand their joint venture in Brazil, with Reed acquiring a majority interest in 26 trade shows and the two companies forming Reed Exhibitions Alcantara Machado. Financial terms were not disclosed. The agreement builds on a two-year partnership that has included joint ownership of Feicon BATIMAT, a construction and building event, and the launch of two new events: ISC Brazil (physical security) and SISP (real estate). The 26 events in the deal focus on automotive, cosmetics, digital imaging, machine tools, plastics, packaging and transportation, among other industries.
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