UBM, the events, marketing and publishing group, has taken ownership of a top railway industry exhibition in South America.
The exhibition, which is now in its fifteenth edition, generated around £1.6m in revenue and attracted 180 rail equipment and technology exhibitors from 14 countries and 7,000 railway professionals last year.
Simon Foster, Chief Executive Officer of UBM Live said: "Negocios nos Trilhos will strengthen our position in the transport sector in Brazil and complement UBM's US-based rail industry product set.
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"The passenger and cargo railway industry in Brazil and other South American countries is expanding rapidly as the region's economic development advances. Brazil has also seen accelerated investment in mass transport systems driven by the World Cup in 2014 and the Olympic Games in 2016."
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