Reed Smith has advised dmg media Ltd (DMG) on the deal.
Dmg media Ltd (DMG) on its strategic acquisition of the printing plant business of JPIMedia, comprising printing sites in Portsmouth, Dinnington and Carn.
The transaction follows DMG’s successful acquisition of the “I” newspaper in 2019 and involved an accelerated timetable to complete the transaction ahead of JPI’s disposal of its newspaper business by way of auction process.
dmg media’s brands deliver highly engaging, trusted content to millions of loyal customers around the globe, 24 hours a day, seven days a week. Together, Daily Mail, The Mail on Sunday, Metro, i, MailOnline, metro.co.uk and inews.co.uk reach more than 24million people daily. In the UK alone, its brands reach over 10million people daily.
JPIMedia is one of the largest national, regional and local multimedia organisations in the UK. The Company provides news and information services to its communities through a portfolio of hundreds of publications and websites.
The Reed Smith team advising DMG on the matter was led by partner Delphine Currie (Picture) and associates Daryl Cue and Emma Weeden.
Law Firms: Reed Smith;
Clients: DMG Media;