DVV Media has sold NT Publishers to ProMedia Group in the Netherlands
DVV Media Group (DVV), Germany, has sold NT Publishers BV to ProMedia Group in the Netherlands. Among other titles, NT Publishers is responsible for the weekly transport and logistics newspaper ‘Nieuwsblad Transport’ and ‘Mainport Magazine’.
ProMedia Group is a publisher of RailFreight.com and leading online B2B magazines in The Netherlands, focusing on mobility, traffic and transport. The publishing company also organizes conferences and tradeshows in these sectors.
“This deal is an excellent opportunity for us to expand our activities”, says Joan Blaas, CEO ProMedia Group. “NT Publishers is a solid and healthy company. This expansion is mainly strategically for us to improve our market position and economies scale.”
DVV is an international media company with strong brands in the sector of transport and logistics. Well known publications are Deutsche Verkehrszeitung (DVZ) and Railway Gazette. DVV is part of Rheinische Post Media Group.
“We want to concentrate on our strong brands in Germany and Great Britain. This is where we also want to invest strategically. Therefore we are very happy with this solution for NT Publishers. ProMedia is a strong player in the Dutch market and will be able to further develop NT Publishers.”, says Martin Weber, CEO of DVV.
NT Publishers and DVV will continue their collaboration on content, events and advertisement sales.