DVV Media International (DVV MI), a B2B media and events company serving the transport and logistics markets, has announced the sale of its Road portfolio of products to Mark Allen Group (MAG) for an undisclosed sum. The transaction marks a new chapter for the Road business, which has long provided specialist journalism, digital services and industry events for the UK road freight and commercial vehicle sector.
The Road portfolio comprises DVV MI’s established road transport brands across print, digital and events, serving audiences from haulage business leaders, decision-makers and commercial vehicle operators. They include: Commercial Motor, Motor Transport, Transport News and Road Transport Expo.
The Mark Allen Group says under its ownership, the portfolio will benefit from MAG’s track record of investing in specialist information, communities and live events across professional markets.
Andy Salter, managing director of DVV Media International, said: “DVV Media International is proud of what the Road portfolio has achieved and the value it brings to the road transport community.
“We believe Mark Allen Group is an excellent home for this business, with the focus and resources to support its continued growth. I would like to thank the entire Road team for their commitment and professionalism, and I wish the business and all staff every success in this next phase.”
Mark Allen, chairman of the Mark Allen Group, said: “We are delighted to have secured this prestigious Road portfolio and the opportunity it presents. These are highly respected brands with loyal audiences and a strong position in the road transport market. We see significant potential to develop the products further, strengthen their digital and events proposition, and continue delivering outstanding value to the industry. We also know we are inheriting a brilliantly committed team under the leadership of Vic Bunby. In addition, we are delighted that Andy Salter has agreed to continue supporting the business as a consultant.”
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