DSEi 2009: Clarion Events Announces Latest Acquisition
Clarion Events Limited has announced the acquisition of three major exhibitions in the defence and security sector. DSEi (Defence Systems and Equipment International), ITEC and LAAD (Latin American Aerospace and Defence) have been bought by Clarion Events from Reed Exhibitions, a division of Reed Elsevier. The shows have been purchased for an undisclosed amount.
Clarion Events is the largest independent event organiser in the UK and a highly successful, professional and award winning company. Clarion Events has been creating leading brands and world-class business and networking environments globally in a variety of sectors for more than 30 years.
Commenting on the acquisition Simon Kimble, CEO of Clarion Events, said:
"The events we have acquired in the defence and security sector are a valuable and profitable addition to our portfolio and fit perfectly with our strategy for international expansion."
"The defence and security sector is an exciting one to be moving into and we look forward to applying the same very high standards, rigour, experience and skill to organising events in this sector as we do in all of our others."
The three shows being purchased by Clarion Events have all been sold as going concerns and the sale will involve the transfer of staff under TUPE arrangements.
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