Packaging News and AV magazine, as well as jobs website Motoringjobs.com, have been bought by Metropolis International Group Ltd, which according to its website currently owns 13 other business-to-business titles.
All editorial and sales staff working on the titles will move to Metropolis' Croydon office, says a statement from Haymarket published late last week.
"The sale of these titles is part of our move to concentrate on our core markets. I’m delighted they are moving to an up-and-coming publisher like Metropolis, where I know they will find a good home and they will continue to flourish," says Kevin Costello, chief executive of Haymarket Media, in the statement.
Speaking on the title's website, AV editor Bhavna Mistry adds: "The AV team is obviously ambitious for the brand and we're excited to be part of a group that is in expansion mode. As part of Metropolis, we're looking forward to rolling out a strategy that will help us to better serve the industry we champion across all our products."
Free daily newsletter
If you like our news and feature articles, you can sign up to receive our free daily (Mon-Fri) email newsletter (mobile friendly).
Related articles
- The key role slow journalism plays in the 24/7 digital news cycle
- German publishers are concerned the EU's ePrivacy Regulation is putting their digital advertising revenue at risk, study finds
- Future offers free digital editions with print in September
- Google Newsstand: What do magazine publishers think?
- Katachi takes top prize at Digital Magazine Awards
