Centaur Media plc to be restructured and to sell off some titles

Centaur Media plc, the business information and events group, has announced today that the Group is being restructured into three main operating divisions: Business Publishing, Business Information and Exhibitions.

As part of the process New Media Age and Design Week will become digital only publications: The Ascent B2B portfolio is being sold to Ascent director Derek Rogers: The Logistics and Supply Chain and Recruiter portfolios are to be sold as are the two monthly engineering titles, MWP and Process Engineering.

Read the announcement here

paidContent have published CEO Geoff Wilmott’s memo to staff – here

The Group will publish a year end trading update on 14 July 2011.

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