A leading regional publisher has announced a major expansion after acquiring around 40 niche magazine titles.
DC Thomson, which publishes The Press & Journal and other major Scottish dailies alongside magazines such as The People’s Friend and The Beano, has purchased Aceville Publications, home to a series of specialist craft, gardening, health and food publications.
The Dundee-based publisher says the move is the largest acquisition within its media business for a number of years and will “materially change the landscape for DC Thomson Media.”
Based in Colchester, Aceville’s brands include Let’s Knit, Grow your Own, Healthy Diet, Busymitts and Craft Store.
The purchase will create a combined portfolio of around 70 magazines together with their companion and will, according to DC Thomson, establish it as one of the top 5 consumer magazine publishers in the UK.
Chief executive 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.”
“This acquisition will materially change our landscape and is a key step in our Protect, Launch, Diversify strategy.”
Matthew Tudor, managing director at Aceville, added: “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.”