The CMA has cleared the proposed combination of News UK and DMG’s printing operations. <\/p>\n\n\n\n
A newly formed entity will be established to manage the amalgamated printing and primary distribution functions. Completion for the venture is expected in June.<\/p>\n\n\n\n
The CMA said: “The joint venture will help improve the efficiency of News UK and DMG Media\u2019s print operations and establish a sustainable business model for the future of national newspaper printing in the UK. The combined plants are expected to print more than three million newspapers a night and almost 22 million a week.”<\/p>\n\n\n\n
In response, News UK’s COO, David Dinsmore said: \u201cIt has been our long-term view that consolidating print operations is vital to retaining a national network of print and distribution logistics and, crucially, supporting the unique plural media landscape in the UK.<\/p>\n\n\n\n
“I\u2019m delighted that the CMA has cleared the combination of our printing operations. This decision means that readers of all newspapers can expect to enjoy them for many years to come. I have no doubt that the new company created by this joint venture – led by Darren Barker – will provide best-in-class service to all the newsbrands it serves.\u201d<\/p>\n\n\n\n
DMG deputy CEO James Welsh said: \u201cToday\u2019s announcement from the CMA is an important milestone for our industry. The combination will ensure that our readers, and those of other newspapers, can enjoy the paper they love for many years to come. It has been an uncertain time for our production teams and I would like to thank them for their continued dedication and professionalism.\u201d<\/p>\n\n\n\n