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Metropolis buys Independent Retail News and Motor Trader
LONDON - Publishing group Metropolis International has purchased Nexus Business Media-owned Independent Retail News and Motor Trader for an undisclosed sum.
Metropolis acquisition: the specialist publisher has bought Independent Retail News and Motor Trader from Nexus Business Media
The specialist publisher has also acquired the title’s websites, as well as four associated events: The Retail Industry Awards, The Quality Food Awards, The Quality Drink Awards and The Motor Trader Industry Awards.
Motor Trader is a weekly title covering the automotive retailing sector, while Independent Retail News is a fortnightly title read by owners of independent grocery outlets.
Established in 1994, Metropolis, which now owns 18 titles including Record Collector, specialises in consumer, business and travel publishing, along with public sector contracts and corporate and consumer reward and benefit programmes.
The group has more than 150 staff and has offices in West London, Croydon, Bolton, Plymouth and New York.
Metropolis said the purchases will extend the diversity of the group’s product range as it moves into the grocery industry and motor industry sectors.
This article was first published on mediaweek.co.uk
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