DC Thomson Media has announced the acquisition of Aceville Publications, a Colchester based magazine publisher.
This is the largest acquisition within the media business for a number of years and will materially change the landscape for DC Thomson Media.
Headquartered in Dundee, DC Thomson Media has been publishing for over 100 years and has a portfolio of more than 20 magazines, including the much loved brands The People’s Friend and Beano.
Aceville Publications is one of the fastest-growing publishing houses in the UK and home to over 40 in-house brands including the leading UK-based craft titles to gardening, health and food publications. This is complemented by a growing B2B portfolio.
Chief executive officer at DC Thomson Media, Mike Watson, said: “We’re excited to have acquired Aceville and are looking forward to working together. The team at Aceville, and their portfolio, are a great fit for our business and this collaboration opens up a host of opportunities for both businesses. This is a hugely exciting time for everyone at DC Thomson Media and Aceville.”
Effective immediately, the acquisition of Aceville by DC Thomson Media will bring a combined portfolio of around 70 magazines as well as a number of digital properties and events. This acquisition firmly establishes DC Thomson Media as one of the top 5 consumer magazine publishers in the UK.
Mike continues: “This acquisition will materially change our landscape and is a key step in our Protect, Launch, Diversify strategy.”
Matthew Tudor, managing director at Aceville, said: “We’re thrilled to be joining DC Thomson Media. They have great heritage and credibility in the publishing industry and I’m looking forward to working together to strengthen the combined portfolio.
“DC Thomson Media holds some brilliant brands and I’m confident the Aceville titles and expertise will complement this. The portfolios align brilliantly and bring real opportunity to improve content for all of our readers.”
Following the acquisition the focus for DC Thomson Media is to increase market share, and continue to transform from traditional magazine publishers to multimedia content creators and distributors.
ENDS
For further information please contact Rebecca Moncrieff rmoncrieff@dctmedia.co.uk.
Notes to editors:
DC THOMSON MEDIA
DC Thomson Media is one of the leading media creators in the UK. The company’s headquarters is in Dundee, Scotland, with a London base in Fleet Street. DC Thomson Media publishes newspapers, magazines and comics, and has an extensive eCommerce and events portfolio alongside interests in gaming and radio.
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