U.K.'s Newsquest acquires NWN
The U.K.'s Newsquest Media Group has acquired NWN Media, publisher of 13 local news brands around Wales, Cheshire and Shropshire.
NWN publishes 12 weeklies and one daily and a commercial printing operation. Its titles include Wrexham and Flintshire daily The Leader, as well as weekly papers including the Chester Standard, South Wirral Standard, Oswestry & Border Counties Advertizer, Rhyl Journal, Powys County Times, Denbighshire Free Press, Whitchurch Herald, North Wales Pioneer and North Wales Chronicle. Terms of the deal were not disclosed in a news release from Newsquest. NWN is based in Mold, near Wrexham, Wales, and employs close to 300 people.
David Faulkner, managing director of NWN Media said: “This is good news indeed and I strongly believe it is the best way forward for our group of titles. Our brands continue to command significant loyalty in our market places and the added resource scale and investment potential that Newsquest will bring will be invaluable to our continuing profitability.