Reed Elsevier, parent of Reed Exhibitions, has sold its Canadian manufacturing and industrial tradeshow portfolio to The Society of Manufacturing Engineers (SME) and Vance Publishing. This marks the final divestiture of Reed’s strategic alignment of its business operations in North America.
Earlier in 2006, Reed Exhibitions sold its US manufacturing and industrial portfolio as a first step in strategically aligning its business.
The Jordan, Edmiston Group, Inc. (JEGI), the New York-based investment banking firm that specializes in media and information, represented Reed Elsevier in both transactions – US and Canadian.
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