National World Publishing has widened its swoop on Northern Ireland’s local media titles with the purchase of The Banbridge Chronicle and offloaded one of its Scottish newspapers.
The media investment company purchased the 150-year old title from Scottish newspaper owner Bann Media, which itself had bought the paper from the Hodgett Group only a year ago. That sale came just after The Banbridge Chronicle had announced it was winding up as a result of commercial difficulties.
National World Publishing, a media investment company formed in 2020 by publishing stalwart David Montgomery in order to buy the former Johnston Press assets, has been on a acquisition spree in Northern Ireland recently. It bought The Newry Reporter also from the Hodgett Group only three weeks ago, again saving it from imminent closure.
