Ink, publisher of magazines for airlines including Easyjet and Etihad, put up for sale and could fetch £70m
The publisher of magazines for airlines ranging from easyJet to Etihad has been put up for sale amid predictions it will fetch £70 million.
Ink – owned by private equity firm Endless – produces 28 magazines in ten languages for 21 airlines and travel groups including Thomas Cook, American Airlines, Qatar Airways and United.
It claims to reach 802 million passengers a year.
Ink publishes magazines for airlines including easyJet
Founded in London in 1994, Ink has 250 people in offices around the world. It reported £58 million revenue with £10.6 million gross profit for the year to June 2017.
Endless, which has appointed advisers from KPMG to find a buyer for Ink, also owns stakes in bookmaker Jones, retailer The Works and West Cornwall Pasty Co.
The sale is the latest in the media sector. Last week, Informa – an events and business information group – agreed a £4billion deal to buy exhibitions firm UBM.
Trinity Mirror is in talks to buy the publisher of the Daily Express.
Most watched Money videos
- German car giant BMW has released the X2 and it has gone electric!
- Dacia Spring is Britain's cheapest EV at under £15,000
- Would you retire abroad for cheaper living costs?
- MG unveils new MG3 - Britain's cheapest full-hybrid car
- Iconic Dodge Charger goes electric as company unveils its Daytona
- Aston Martin unveils new Vantage sports car capable of 202mph
- Pair of rare 1980s Ford Sierra RS500 Coswotths head to auction
- Mini unveil an electrified version of their popular Countryman
- The new Volkswagen Passat - a long range PHEV that's only available as an estate
- Steve McQueen featured driving famous stunt car in 'The Hunter'
- BMW's Vision Neue Klasse X unveils its sports activity vehicle future
- Skoda reveals Skoda Epiq as part of an all-electric car portfolio
- Disgraced crypto tycoon Sam Bankman-Fried sentenced to 25...
- The turning of the tide for luxury e-commerce? Shoppers...
- Superdry founder Julian Dunkerton ends his pursuit of the...
- No one should expect sympathy when the crypto bubble...
- Insurers are STILL stinging drivers by undervaluing...
- My friends say I'm a shopaholic but I'm 34, single and...
- Celebrity skincare favourites help boost sales at Boots...
- MARKET REPORT: North Sea oil producer Enquest posts loss...
- Dividend hero SAINT's manager on the best shares for...
- Bidding war erupts for UK telecoms firm Spirent as...
- Legal firm representing St James's Place customers to...
- JD Sports boss fires out at Nike for failing to produce...
- Stocks and shares Isa transfer and cashback deals you can...
- William Hill owner 888 agrees to flog assets as it...
- AO World shares surge as online retailer electronics...
- Cost of Baltimore bridge disaster will run into multi...
- Interest rate cuts still 'a long way off' despite falling...
- My blood boils when I hear critics say Waspi women should...