DVV to acquire RBI aviation conferences

June 27, 2019 — Fusion DigiNet

DVV Media InternationalDVV Media International is to acquire the publishing activities and conferences in the aviation sector from Reed Business Information, part of the Cirium risk and business analytics market segment of RELX. The terms of the transaction have not been disclosed.

The portfolio includes the magazine brands Flight International and Airline Business, the daily news, views, analysis and other publishing activities at international air shows, including Flight Daily News and Flight Evening News, a portfolio of aviation conferences and awards, including The Airline Strategy Awards, other publishing activities such as FlightJobs, and the websites supporting these publishing activities.

Cirium enables customers to provide the finance for fleets, build and maintain aircraft, efficiently transport passengers and improve traveller experience, and its focus is to drive targeted, profitable and informed decisions. Cirium will continue as part of R&BA, reflecting its strategic priority of focusing on data and analytics.

DVV is owned by German newspaper publisher Rheinische Post and has acquired a number of businesses previously owned by RBI, such as Personnel Today, Railway Gazette International, Commercial Motor and Motor Transport. The portfolio will join DVV’s complementary Air Cargo News brand to substantially increase DVV’s offering to the aviation sector.

Andy Salter, Managing Director of DVV, said, “This is a significant step forward for our organisation. The new portfolio means we now have a comprehensive offering across all modes of the transport and logistics business information sector. We are all looking forward to working with the new team to build on the legacy of these products and develop a thriving market offering.”

UK, Sutton & London

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Haynes Publishing Group acquires Clymer and Intertec Manuals

September 18, 2013 — Fusion DigiNet

HaynesLogoHaynes Publishing Group P.L.C. , the UK based publisher of automotive and motorcycle repair manuals, has acquired the assets of Clymer and Intertec Manuals from Penton Business Media for $9.25 million (£5.85 million) in a cash and debt deal, with around 60% of the funding for the acquisition coming from internal cash. Clymer is located in Overland Park, Kansas in the United States.

Founded by Floyd Clymer (1895-1970), Motorcycle Hall of Fame’s ‘pioneer in the sport of motorcycling’ Clymer is a publisher of DIY repair manuals for Motorcycle owners. It also has a significant share of the DIY Marine (Inboard and Outboard) Manuals market; publishes a range of DIY manuals for personal watercraft and snowmobiles; and, under the Intertech name, publishes manuals for farm equipment including Tractors, publishing 432 manuals across thousands of models in digital and print. For the financial year ended 31 December 2012, Clymer had net assets of $2.8 million (£1.8 million), unaudited revenue of $4.3 million (£2.7million) and unaudited pre-tax profitability of $1.0 million (£0.633million).

The acquisition will be earnings enhancing and also release significant efficiencies in the areas of print cost, warehousing and distribution, and editorial/origination, with additional digital offerings representing further opportunities for growth.

Commenting on the acquisition, Eric Oakley, Group CEO of Haynes, said “Clymer is a business that we have been interested in for some time and we are delighted that we are now bringing such an iconic name, particularly among motorcycle owners and DIYers, into the Haynes Group.  We see many synergies between our two businesses, in terms of products and values, and we see real opportunities for revitalisation and growth.”

With almost 60% of the funding for the acquisition coming from internal cash, the Group remains financially well placed to continue its pursuit of other new opportunities as they arise.

UK, Yeovil, Somerset & Overland Park, KS

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Penton Media acquires Highline

June 27, 2012 — Fusion DigiNet

B2B media company Penton Media has acquired Highline LP.  Formed in 1992, HighLine provides airport, ground handling, fuel and services information to the aviation industry. Since 1998, HighLine has collaborated with Penton’s AC-U-KWIK, the FBO directory serving the business aviation market as well as other new products. Terms of the deal were not disclosed.

“The Highline/AC-U-KWIK relationship goes back many years and we are pleased to be able to integrate the two businesses and develop even more robust digital products,” said David Kieselstein, CEO of Penton Media.  “We welcome Gillian and Alain George, the founders of Highline, and their team to Penton.”

Gillian and Alain George, will become directors of the group.

USA, New York, NY & UK, Ascot, Berkshire

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