Newsquest
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| Newsquest
<tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;">Image:Newsquest.gif</td></tr> | |
| Type | Public |
|---|---|
| Founded | 1995 |
| Headquarters | Weybridge, Surrey
<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>Paul Davidson, Chairman and Chief Executive</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Media</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Products</th><td>Newspapers</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>9,100</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Parent</th><td>Gannett</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>newsquest.co.uk</td></tr> |
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 <ref>http://www.newsquest.co.uk/corporate/nol/press_releases/DEFAULT0.html</ref>
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