Busy month for buyers

2007 started off a bit slowly in Asia for acquisitions, but June has been a cracker. The latest case of itchy cheque book syndrome has affected Reed Exhibitions. It's the fifth deal this month by our reckoning with total value a hair under $41 million by our reckoning; these Asian deals are still generally small. Total for the year is 11 deals (roughly half of the full year 2006 total) and $277 million (already over the 2006 total).

Reed has just bought Componex, the Delhi-based electronics show which will be drawn into the Nepcon family of events. No price mentioned, although given some ambitious valuations being touted for a variety of B2B products in India when I was there last month, I'll bet it wasn't cheap.

The sun is out in Santander and it's feeling very summery here.