the NWT group buy Värmlands Folkblad and Karlstads-Tidningen. The deal was completed on Monday.
today, it became clear that the Värmlands Folkblad becomes a part of the NWT group. To ensure long-term future development of the magazine and the necessary technology investments that in the long term, the required VF’s board of directors decided to sell the paper, write the papers in a joint press release.
- A small player in the newspaper industry have been difficult to make the necessary investments. NWT-the group has a dozen publications and can coordinate both production and administration and can also share the costs of the new technology. It provides completely new opportunities for Värmlands Folkblad, ” says chairman of the board Sten Fransson.
the VF Drift AB will, just as today, to be a separate company with its own editorial team. Ledarsidan will continue to be based on the socialist values by Peter Franke as the magazine’s political editor.
- To ledarsidan to continue to build on our values has been a prerequisite for the deal, ” says Göran Persson, chairman of the IF Metall Värmland, owner and styreledamot.
For the NWT group means the deal to become an even stronger player in the media market.
- Värmlands Folkblad is a well-kept journal, but the NWT group can provide long-term resources to develop the magazine, mainly on the digital area. We also see significant synergies with the group’s other newspapers, primarily in customer service, technology, administration and production, ” says NWT’s PRESIDENT Mats Muregård.
the NWT-the group takes over the VF Drift AB 1 march.
the Facts: the Deal includes the papers Värmlands Folkblad and Karlstads-Tidningen and they become two of the NWT’s total of 15 newspapers in Värmland, Dalsland and Skaraborg. The printing and the building is not included in the purchase. The newspaper Värmlands Business and cooperation with Metro is handled separately