View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. Publishers
  2. Magazines
July 7, 2009

RBI sells travel magazines to Holiday Autos founder

By Paul McNally

Reed Business Information has sold its B2B travel publishing division, including the flagship Travel Weekly magazine, to entrepreneur Clive Jacobs.

Jacobs is the founder of car rental business Holiday Autos, which he sold to lastminute.com in 2003.

He has agreed to buy Travel Weekly, Travolution, Gazetteers.com and a number of associated websites and events from RBI for an undisclosed sum.

The newly acquired business will be run by the former publishing director of RBI’s travel division, Simon Ferguson, who left the company in March after more than 10 years.

Ferguson takes the role of chief executive in the new company, TW Group.

RBI divisional managing director Jane Burgess said in statement: “The travel portfolio has been a valued part of RBI, but we recognise that, under Clive’s independent ownership, the team will be able to integrate completely into the industry they serve.

“Clive, Simon and their management at TW Group Ltd are committed to our talented people and will provide long-term investment and a secure future for the team and brands – on this basis we were pleased to take forward the deal when we were approached.”

Content from our partners
MHP Group's 30 To Watch awards for young journalists open for entries
How PA Media is helping newspapers make the digital transition
Publishing on the open web is broken, how generative AI could help fix it

Reed Business Information attempted to sell its B2B magazine division in one piece last year, but the sale was abandoned in December because it felt the offers did not reflect the value of the business.

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly does of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network