News this week: Reed Hongda Exhibitions (Henan) Co., Ltd., subsidiary of Reed Exhibitions Greater China, has
signed an agreement with Shanghai Gehua
Exhibition to acquire a 100% stake and all related assets of the annually-held
Shanghai International Auto Decoration
Supplies Sourcing Fair (CSAE). Financial terms of the deal were not
disclosed.
CSAE was established in 2003 and last took place from 22nd
August to 24th August at the Shanghai
New International Expo Center (SNIEC). Exhibitor product categories include
auto interiors/exteriors, customisation, car care, electronics, appliances,
modified cars and parts. The recent edition featured more than 200 local and
international exhibitors, with overseas visitor participants from the U.S.,
Middle East and Europe.
CSAE is the second addition to Reed Greater China’s portfolio
of auto aftermarket events. Earlier in June this year, Reed formed a new joint
venture, Reed Hongda, to run the Zhengzhou-based China
International Automotive Aftermarket Expo & China Auto Accessories Trade
Fair (CIAAF).
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