Saturday, November 23, 2024

Mark Allen Adds 13 Titles To Portfolio

Mark Allen Adds 13 Titles To Portfolio
Mark Allen Group has added to its portfolio of over 100 magazines, with the purchase of 13 publications from Elsevier Limited.
This acquisition includes three magazines (Metal Powder Report, Reinforced Plastics, World Pumps and Filtration & Separation) and nine newsletters (Additives for Polymers, Biometric Technology Today, Computer Fraud and Security, Filtration Industry Analyst, Fuel Cells Bulletin, Membrane Technology, Network Security, Pump Industry Analyst, and Sealing Technology).
Executive chairman of the Mark Allen Group, Mark Allen, indicated that this acquisition was to ensure that forward momentum is maintained.
He said: “The 2020-21 financial year, which we will be reporting in the autumn, will be a record year. It is now time for us to make sure we move forward again.
“This Elsevier portfolio, with a combination of institutional and corporate subscriptions, as well as advertising, offers us an excellent opportunity to provide these publications with the additional care and attention that we can provide.”
These titles will be run by Jon Benson, who is Mark Allen Group’s COO and the company’s MD. Group Content director, Graham Johnson, will also assist with publications. Two existing members of the editorial team will also join as part of the deal.
Ben Allen, Mark Allen Group CEO added that he is excited for the future of these titles. He said: “With Jon and Graham fully engaged, we have two-star performers who, with their brilliant teams, will drive this portfolio to new heights. I am excited by the prospects that lie ahead and in working closely with Jon, Graham and their teams.”
Peter Harrison, SVP Physical Sciences, Elsevier made sure to thank everyone who has developed the magazines and newsletters.
He commented: “This divestment to Mark Allen Group secures a great home for these titles, and we are confident that they will provide the right focus for their future.£
“I’d like to personally thank the staff for their exceptional dedication and commitment over the years. I’m immensely proud of the team’s achievements and we wish them every success,” Mr Harrison added.
Mark Allen Group also acquired Farmer’s Weekly in 2020.