Denitz continues Adscene sell-off with LNG

The London Newspaper Group, publisher of six local newspapers in West London, is thought to be up for sale.

The London Newspaper Group, publisher of six local newspapers in

West London, is thought to be up for sale.



The group is part of Adscene which was recently sold in a management

buy-in to Denitz Media, a consortium of two Ashton Weekly Newspapers’

executives - Martin Lusby and Barrie Holden - backed by venture capital

companies, 3i and Intermediate Capital Group.



Since acquiring Adscene, the new owners have already sold off the

Tamworth Herald group to Northcliffe.



The latest news has prompted speculation about further disposals or even

a break-up of the group which also has divisions in Kent, Lincolnshire

and the Midlands.



The LNG titles include the Fulham & Hammersmith Chronicle, the

Kensington & Chelsea Post, the Marylebone & Paddington Mercury and the

Westminster & Pimlico News.



Prospective purchasers are likely to include the group’s closest

competitor, Southnews, which publishes the Kensington & Chelsea Times,

the Hammersmith, Fulham & Shepherd’s Bush Gazette, the Notting Hill

Village Times and the Ealing & Acton Gazette.



The group would also fit well with Newsquest’s South London division,

publisher of the Putney & Wandsworth Guardian, and the South London

Press & Mercury Group owned by Trinity Mirror.



A surprise bidder might be Tindle Newspapers, which used to be active in

the area but no longer has a London presence.



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