DVV acquires Smart Rail World
INTERNATIONAL: Railway Gazette’s parent company DVV Media International has purchased events and digital media business Smart Rail World Ltd and its subsidiary Global Transport Forum Ltd. The London-based business manages a suite of international events in the rail and transport sector including Smart Rail, Smart Transit, Smart Metro, Safe Rail and the Transport Security Congress. It also publishes industry news at www.smartrailworld.com.
The Railway Gazette Group has thrived under DVV ownership since 2007, says Publisher Andrew Walker. ‘The acquisition of Smart Rail World Ltd offers a lot of synergies between the two brands. We look forward to working with our new colleagues, to firmly establish ourselves as the number one international publishing, conference and information hub for the global rail sector.’
‘DVV Media International is the perfect home for Smart Rail World’, believes co-founder Alex Williamson. ‘Combining our leading events and media brand with the biggest publishing name in the railway sector will offer the perfect platform for further growth.’
‘This is a very exciting acquisition for us’, says DVV Media International Managing Director Andy Salter. ‘We have been building our portfolio across digital media and events and the Smart Rail World business strategically aligns with our other transport and logistics products. This is a very powerful group of events and there’s a great team of people at the company. We are looking forward to working with them and seeing this business division develop strongly.’