REC Signs Agreement With Messe Wien

Reed Exhibition Companies (REC) has signed an agreement with the Vienna City exhibition organization (Messe Wien) to acquire its portfolio of 22 exhibitions and to secure a long-term lease of its exhibition facilities. This agreement is subject to approval by the Austrian Antitrust court (the Kartellgericht). The transaction complements REC's Reed Messe Salzburg business and brings the total number of Austrian events organized by REC to more than 50. Key events acquired in the purchase include Bauen & Wohnen (building and home interiors), Aquatherm (building technologies), IFABO (IT), Intertool (industrial manufacturing) and Viet+Messetechnik (electronics/automation). From its new base in Vienna, REC will offer its customers and other organizers access to eastern Austria and the capital itself as well as the opportunity to serve the developing central and eastern European markets
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