The North-West News Group (NWNG) – which publishes a number of local newspapers and websites in Tyrone, Fermanagh and Donegal – is expected to expand its digital printing and creative services in 2021 with the acquisition of Kaizen Print Ltd .
The purchase of North-West News Group allows him to take over the Belfast company, owned and managed by brothers Connor and Martin McAuley, who will continue to operate the business on a day-to-day basis.
North-West News Group has been around for 120 years and is the parent company of titles such as Ulster Herald, Tyrone Herald, Dungannon Herald, Strabane Chronicle, Fermanagh Herald, Derry People & Donegal News as well as Gaelic Life and North-Brides of the West. .
The group said the deal would allow it to offer enhanced digital and creative design services to its customers in the Northwest, in addition to its existing advertising platforms.
boss Dominic McClements said. “The acquisition of Kaizen is an exciting new chapter in the history of NWIPP [North West of Ireland Printing and Publishing Company].
“Connor and Martin McAuley have built an impressive portfolio of clients with the support of a very talented team who have extensive knowledge of the digital, marketing and print disciplines.
“The combination of Kaizen and NWIPP means that we are in a strong position to offer a single solution for the marketing, print and digital needs of local businesses while continuing to focus on the production of information and content. quality editorial for local communities. “
Connor and Martin McAuley said the takeover offers significant opportunities for the company.
They added, “Our goal has always been to create the strongest company possible and we are extremely excited about the opportunities that lie ahead and the strength that this partnership will create for both companies.
“Having worked closely with NWNG over the past year, it is evident that we share similar values as to how business should be conducted and while the two individual companies are great, together they are infinitely stronger. “
NWNG’s legal and financial advisors on the project included Arthur Cox, headed by Lynsey Mallon, and Cavanagh Kelly, headed by Michael Drumm. HNH, led by Craig Holmes, acted as senior corporate finance advisor to the transaction which was also supported by AIB.
Kaizen’s financial and legal advisors were Baker Tilley Mooney Moore and O’Reilly Stewart Solicitors.