Yorkshire printing plant sold off by regional publisher
JPIMedia has sold its print plants, including one based in South Yorkshire, to the owner of the Daily Mail as the regional publisher continues to seek a buyer for its portfolio.
The business has confirmed the sale of JPIMedia Print Holdings Ltd and its subsidiaries – which owns its sites at Dinnington, near Rotherham, Portsmouth and Carn – to dmg media.
No jobs are affected by the move and JPIMedia’s newspapers will continue to be printed at the centres.
dmg media has confirmed the deal, with a spokesman for the business saying: “These three printing plants will enable dmg media to better manage the printing of its national newspapers across the UK.
“As well as dmg media’s newspapers, the plants will continue to print JPI Media’s newspapers and other publishers’ titles.”
Group production director, dmg media, Julia Palmer-Poucher, said: “This acquisition reflects our intention to protect and grow the reach of quality journalism through our print media.
“It better positions us to provide the best quality printing capacity from ideal locations to serve our retailers and readers.”
Media news website Holdthefrontpage reports the sale was announced to JPIMedia staff in an email by chief executive David King, issued yesterday.
He said: “I can now confirm that at midnight on 17 October, dmg media has acquired JPIMedia Print Holdings Ltd and its subsidiaries which together own our three print sites. dmg media will continue to print our newspapers at Portsmouth, Dinnington and Carn.
“Terms and conditions of employment of staff at the print business are not affected. David Crow, David Smith and the print team will all transfer with the business.
“I will update you further on progress with the regional newspaper business process in due course.”
Among the publications owned by JPIMedia are the Yorkshire Post and Sheffield Star papers.
Earlier this month it was reported both Archant and former Local World boss David Montgomery have submitted offers for the regional publisher, which put itself up for sale for a second time in September.
DMGT, which is the owner of dmg media, previously purchased national newspaper the i from JPIMedia in 2019.