Opus advises CN group on sale of the business to Newsquest

Category: Deal Announcement

Opus is delighted to have advised the shareholders of CN Group on the sale of the business to Newsquest Media Group.

CN Group publishes two daily and five weekly newspapers, in addition to four monthly magazines in Cumbria and Northumberland.  It also owns and runs a number of events in the North West of England and operates a printing press in Carlisle.

Nigel McNelly, Richard Morse and Joseph Roberts led on the transaction for Opus.

This transaction completes Opus’ recent involvement with CN Group, having also advised on the sale of the group’s radio stations, The Bay and Lakeland Radio, to Global Media and Entertainment.