Metropolis International, the fast-growing media and technology group, today announces that it has completed the purchase from Ascential plc of 11 leading Business-to-Business brands.
The 11 brands include Drapers, Nursing Times, Local Government Chronicle, Construction News, New Civil Engineer, Ground Engineering, H&V News/RAC, Retail Jeweller, Materials Recycling World, Architects’ Journal, and The Architectural Review and its associated World Architecture Festival.
Robert Marr, CEO of Metropolis, said: “I am delighted to announce the acquisition of these respected brands. The 11 brands represent some of the leading B2B brands in the UK. Metropolis recognizes that these brands are the leaders in their sectors: we look forward to working with the events, commercial, content and operational teams as they continue to deliver premium offerings for customers. They were at the heart of the Emap business, and I am confident they have a strong future within Metropolis. We look forward to working with the team and welcoming them to Metropolis.”
Duncan Painter, CEO of Ascential, commented: “This sale concludes the process to secure the future of the UK Hertitage Brands”