DC Thomson acquires Aceville Publications



Dundee-based publisher DC Thomson has acquired a publisher in a major deal which sees it become one of the largest consumer magazine groups in the UK.

The group’s media arm has acquired Aceville Publications, a Colchester based magazine publisher behind more than 40 titles covering areas include crafts, gardening, food and health.

DC Thomson said the deal was the largest acquisition within its media business for a number of years and will “materially change the landscape” for the company.

DC Thomson Media’s chief executive Mike Watson said the acquisition firmly establishes it as one of the top five consumer magazine publishers in the UK.

“The team at Aceville, and their portfolio, are a great fit for our business and this collaboration opens up a host of opportunities for both businesses. This is a hugely exciting time for everyone at DC Thomson Media and Aceville.”

The acquisition of Aceville by DC Thomson Media will create a combined portfolio of more 70 magazines as well as a number of digital properties and events.

DC Thomson Media currently owns more than 20 magazines, including the The People’s Friend and Beano.

Matthew Tudor, managing director at Aceville, said, “We’re thrilled to be joining DC Thomson Media. They have great heritage and credibility in the publishing industry and I’m looking forward to working together to strengthen the combined portfolio.

DC Thomson Media holds some brilliant brands and I’m confident the Aceville titles and expertise will complement this. The portfolios align brilliantly and bring real opportunity to improve content for all of our readers.”

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According to its latest accounts for 2017, Aceville Publications had assets over just over £4m at the end of the year. The firm employs around 190 staff across titles including Let’s Knit, What Franchise and Grow Your Own.

In the directors’ report to the accounts, the company said that Brexit had had a slight impact on ad revenues during the year but the company anticipated “recovery over the mid term”.



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