D.C.- based Hanley Wood will sell its exhibition businesses to Informa, a U.K.-based publishing and events company, for $375 million. The sale is expected to close by the end of 2014, reports Folio.
The deal, continued Folio, involves 17 trade shows and events across the real estate, design and construction communities, including World of Concrete, The International Surface Event and the recently-purchased Greenbuild Conference & Expo.
The properties will be rebranded to Informa Exhibitions U.S., but will remain based in the U.S. under the continued leadership of Rick McConnell, president of the group, and the entire existing events staff.
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