Yattendon Group
Industry | New media |
---|---|
Headquarters | United Kingdom |
Key people |
Lord Iliffe Chairman Edward Iliffe Chief Executive |
Website |
www |
Yattendon Group plc (formerly Yattendon Investment Trust) is a British-based private British company owned by the Iliffe family. It has interests in property, agriculture, marinas and local newspaper printing and publishing.
The group in 2012 sold its Iliffe News and Media business to the Daily Mail and General Trust's Northcliffe regional newspaper publishing division to create Local World, an publisher of 16 English and Welsh regional dailies, 37 paid-for local weeklies and 30 free local weeklies in which it held 21.3% stake - the second largest. [1] In October 2015, 20% shareholder Trinity Mirror bought Local World and 83 of its titles for £154.4 million in cash and £33 million in debt.[2] Trinity Mirror held onto 73 of the publications and in a separate deal sold 10 publications to Iliffe News and Media for £15.8 million. After those deals, Trinity Mirror had 30% of the British regional press - with 157 local titles.[3] After the sale of its newspaper publishing businesses in England and Wales, Yattendon held onto its Milton, Cambridgeshire printing press 'producing full colour newspapers' for 'a wide range of clients'.[4]
References
- ↑ History, Undated. Retrieved 3 January 2016.
- ↑ Trinity Mirror to buy rival Local World in 'transformative' deal, Julia Bradshaw, Daily Telegraph, London, 28 October 2015. Retrieved 3 January 2016.
- ↑ Trinity Mirror-Local World-Iliffe deal: The titles changing hands, Paul Linford, Hold the Front Page, 29 October 2015. Retrieved 3 January 2016.
- ↑ History, Undated. Retrieved 3 January 2016.