Independent News and Media agrees deal to buy four magazines from Belfast-based Greer Publications
Published 25/02/2016 | 11:34
Independent News & Media is expanding, after sealing a deal to buy four magazines from Belfast based Greer Publications.
The deal will add market leading business and consumer publications Ulster Business, Northern Woman, Hospitality Review NI and Ulster Grocer to INM’s portfolio, effective from 24th February.
The titles will join the portfolio of print and online titles managed by INM Ltd in Belfast. The ten staff who currently work on these titles will be retained and for the next few months will continue to operate from the Belfast Harbour Estate premises.
“We are very pleased to add these leading Northern Ireland titles to our portfolio. They are clearly established magazines with a loyal following and an impressive readership across the business, food retailing, hospitality, consumer lifestyle sectors. We look forward to their continued success under Richard McClean, INM’s NI Managing Director and his team.” said INM chief executive Robert Pitt.
“An important factor in acquiring these titles is the fact that they each have a robust online presence, and this very much fits in with the forward strategy across all of INM’s titles,” he said.