Kelsey Media aquires Time Inc. UK motoring brands
01.03.16
Kelsey Media Limited has announced the acquisition of several motoring brands from Time Inc UK. The deal sees Kelsey Media take over ownership of VolksWorld, VolksWorld Camper & Bus and VWt, as well as the annual VolksWorld Show and Volksworld Camper & Bus Show, with immediate effect. There will be no interruption to the publishing schedules of the three print titles.
Kelsey’s portfolio encompasses 60-plus brands and the company has a major presence in the Classic Motoring, Performance Motoring and Commercial Vehicles markets, where it produces more than 20 magazines, websites and events.
Oswin Grady, managing director of Time Inc. UK’s Specialist group says: “Kelsey Media is passionate about motoring so it is the perfect new home for the VW brands. I wish all the staff the very best for the future.”
Phil Weeden, managing director of Kelsey Media adds: “We are delighted to welcome the VolksWorld brands and their staff to our business. Acquiring these magazines and associated events is an important part of our strategy for our classic motoring portfolio of respected brands.”