Newsquest
Newsquest Logo | |
Company type | Public |
---|---|
Industry | Media |
Founded | 1995 |
Headquarters | Weybridge, Surrey |
Key people | Paul Davidson, Chairman and Chief Executive |
Products | Newspapers |
Number of employees | 9,100 |
Parent | Gannett |
Website | newsquest.co.uk |
With 300 titles to its name, Newsquest is the second largest publisher of regional and local newspapers in the United Kingdom.
Newsquest was formed in 1995 from a management buyout of Reed Regional Newspapers. The company expanded its portfolio with acquisitions from Johnston Press and acquiring Westminster Press from the Pearson PLC in December 1996 for £298 million. The company was floated in October 1997 with a market capitalisation of £500 million. In 1999, Newsquest was acquired by the Gannett corporation. Newsquest are based in Weybridge, Surrey and employs a total of more than 9,100 people across the UK.
In September 2005, it bought Exchange & Mart and Auto Exchange from United Advertising Publications, after UAP merged with sister company CMPi in a restructuring of US parent UBM [1]