Reed Elsevier finally gets out of arms fair business

Guardian news 30/5/08:

Reed Elsevier has finally stopped organising arms trade fairs – five months later than it promised shareholders and staff….Yesterday the company said it had sold the DSEi, ITEC and LAAD defence exhibitions to Britain’s largest independent exhibitions group, Clarion Events, for an undisclosed sum…”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,” said Clarion Events’ chief executive, Simon Kimble.

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Clarion seems to run trade shows for the gambling, petrochemical, biofuel and gas industries, as well as the NEC baby show…

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