• Future acquires Centaur Media’s home interest division

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    Bath-based publishing house Future has acquired Centaur Media’s home interest division for £23 million, subject to shareholder approval.

    The publishing company currently produces over 50 magazines each month in various markets, including video games, music, technology and photography.

    Speaking about the acquisition, Zillah Byng-Thorne, CEO of Future, commented: “Centaur’s Home Interest division will significantly add to our scale and momentum, while further diversifying our revenue streams, as we continue to build a global platform business for specialist media with data at its heart.

    “The Home Interest division brings a strong management team and market leading access to an attractive new vertical with clear growth potential. Home Interest’s brands, market position, industry leading events and quality content are a strong fit and will further reinforce our position as a trusted destination for consumers and for our customers.

    “We have a track record in profitably integrating acquisitions and we expect the acquisition of Centaur’s Home Interest division to be materially earnings enhancing in the first full year of ownership.”

    AUTHOR

    Stuart O'Brien

    All stories by: Stuart O'Brien