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6 ProPrint December 2013
ProPrint magazine has been acquired by
Printer Magazines Group, the owner of
fellow industry title Australian Printer.
The acquisition follows the decision by
ProPrint's parent company, Haymarket
Media, to exit the Australian market.
The acquisition comes approximately
five years after Haymarket Media acquired
ProPrint from its founder, respected Sydney
printer Don Elliot, and eight months after
Printer Magazines Group was itself
acquired by Shankar Vishwanath.
The rest of Haymarket Media's Australian
brands have been sold or licensed to Sydney-
Haymarket Media's managing director,
Jeremy Vaughan, said: "We'd been consid-
ering our options in Australia, so when
nextmedia approached us we felt it was the
right opportunity to divest.
"With the Haymarket Media Group
internationally focusing on its chosen
sectors, and the recent expansion in
Singapore, we saw this as an ideal time
for our Australian brands to go to local pub-
lishers that will invest to ensure their long-
the ProPrint Power 50, as well as the suc-
cessful production of the PacPrint Daily in
2013 and the PrintEx Daily in 2011.
"Most of all, I will miss the fantastic peo-
ple of print. I count many of the people
I have met throughout the industry not just
as contacts but as friends," he added.
Printer Magazines Group (PMG) will
run both brands side by side. ProPrint's s a le s
manager Carmen Ciappara will continue to
work on ProPrint under the new ow ner.
PMG's Vishwanath said: "With ProPrint
published at the start of each month, and
Australian Printer mid-month, PMG's
Australian print brands will arrive in the
mailboxes of industry professionals approx-
imatelytwo weeks apart. These twoleading
brands provide manufacturers, solution
and service providers with 22 conveniently
spaced touch points through which to tar-
get their market each year," he added.
Brian Moore, group publisher at PMG,
said: "Our acquisition of ProPrint demon-
strates a strong and continuing commit-
ment to print and a logical addition to our
existing portfolio of brands delivered in
print and online."
Nextmedia is acquiring iTne ws, PC & Tech
Authority and BIT, and licensing Secure
Computing, FourFourTwo a nd F1 Racing.
It will also take over the custom projects
and the license for CRN from The Channel
Haymarket is currently in discussions
with a publisher regarding the acquisition
of Limelight magazine.
ProPrint editor Steven Kiernan will join
nextmedia as the editor of CRN magazine.
Kiernan said: "It is emotional to say
goodbye to ProPrint. Over the past four
years, I have been passionate about build-
ing ProPrint into a leading business brand.
It has been a privilege to work alongside our
talented team as part of Haymarket Media.
"However, everyone in the printing
industry can see the need for consolidation.
This has been a major focus for ProPrint's
editorial over recent years. The fact that
ProPrintwillcome under the same umbrella
as our peers at Australian Printer can only be
a good thing for the health of the industry. I
wish the new owners all the best."
Kiernan said that some of his proudest
accomplishments included establishing
ProPrint bought out by owner
of Australian Printer magazine
Drupa to feature 3D printing
at 2016 show
BJ Ball makes two acquisitions
LISTED FIRM'S HAPPY DAYS
Packaging firm Pact Group raises
$650m in oversubscribed float
LISTED FIRM'S TOUGH TIMES
PMP forecasts reduced
earnings for 2013-14
Opus Group calls off sale process
for Cactus and Omnigraphics
Heidelberg phasing out GTO 52
from March 2014
UPS & DOWNS
MADE AN IMPRESSION
Flagstaff Group chief executive Roy Rogers comes under severe cream pie attack in the name of a good cause.
The Wollongong company held a fundraising barbecue last month to raise money for the Camp Quality Convoy.
Staff who made a gold coin donation got the chance to win a ride in one of the six Flagstaff trucks that travelled in the
convoy. Staff who donated another gold coin got to throw a pie at the boss. Flagstaff raised about $270 on the day.
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