Mark Allen Group has purchased 13 titles from Elsevier Ltd, part of RELX Group.
This deal comprises four magazines – Metal Powder Report, Reinforced Plastics, World Pumps and Filtration & Separation – and nine newsletters: Additives for Polymers, Biometric Technology Today, Computer Fraud and Security, Filtration Industry Analyst, Fuel Cells Bulletin, Membrane Technology, Network Security, Pump Industry Analyst and Sealing Technology.
Chairman Mark Allen said: “During the past 15 months since lockdown our company has weathered the pandemic storm exceptionally well. The 2020-21 financial year, which we will be reporting in the autumn, will be a record year. It is now time for us to make sure we move forward again. This Elsevier portfolio, with a combination of institutional and corporate subscriptions, as well as advertising, offers us an excellent opportunity to provide these publications with the additional care and attention that we can provide.”
Mark Allen Group publishes more than 100 magazines and also runs awards and events in 12 different sectors. In 2019/20 it reported EBIDTA of £8.4m on turnover of £54.6m
In February 2020 Mark Allen Group completed the purchase of Farmers’ Weekly from Elsevier.
In 2019 MAG bought 12 B2B transport magazines from UKI Media and Events, as well as the 163-year-old The Engineer magazine and its associated event Subcon from Centaur Media.
Deal size: Undisclosed
Country: UK
Status: Announced
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