Nigel McNelly
Opus Corporate Finance
CN Group
Deal Type
Company sale
Sector
Technology
Completion Date
15th November 2017
Deal Value
Not disclosed
Company Background
CN Group Ltd. operates three divisions including publishing, radio, and print. The publishing division is responsible for the group's newspaper publishing and associated activities in Cumbria, Northumberland, Northern Lancashire and Scotland. Its print division produces everything from newspapers, magazines and directories to prospectuses, guides and specialist bespoke publications. The radio division operates radio stations.
Deal Summary
Advised CN Group on the sale of its two radio stations, The Bay and Lakeland Radio, to Global Media and Entertainment.
The Bay and Lakeland Radio are leading radio stations in North West England, with The Bay being the most listened to station in its broadcast area.
