Quayle Munro, a leading investment adviser that provides mergers and acquisitions' services in the information, publishing and technology sectors announces that it represented Haynes Publishing plc in its disposal of Sutton Publishing, publisher of historical and heritage titles, to NPI Media Group Limited for £3 million in cash. The disposal concludes a strategic review by the Haynes Publishing Group aimed at disposing of under-performing activities.Commenting on the successful transaction, Quayle Munro Managing Director Andrew Adams said: "The acquisition is a perfect fit for NPI Media Group which is rapidly fulfilling its aim of becoming one of the largest specialist historical and heritage publishers in Europe."
About Haynes Publishing
Haynes Publishing publishes and distributes over 2,000 practical book titles, manuals and DVDs on motoring, transport, computing, health, home maintenance and many other leisure activities. Since the company was founded in 1960, for example, over 150 million copies of their motor car manuals have been sold.
About NPI Media Group
NPI Media Limited is a new publishing group specialising in historical non-fiction titles covering a wide range of topics including local history; transport, military and industrial heritage; sports history and archaeology. The Sutton Publishing acquisition is the sixth such transaction since March 2006. In 2007 the Group estimates it will publish more than 2,000 new titles.