IVE Group Limited (ASX:IGL) (IVE) and Australian Community Media (ACM) have announced that they have entered into a long-term contract for IVE to print and distribute publications currently published and managed by ACM.
To support ACM’s requirements, and further enhance service to IVE’s customers, IVE will also acquire ACM’s Western Australian printing operation in Mandurah.
Leveraging more than 200 years of experience and heritage across both organisations, the partnership will allow ACM to focus on content development across it’s media brands, the launch of new products, and entry into new markets, whilst all underpinned by the largest marketing production and distribution business in Australia.
IVE Chief Executive Officer, Matt Aitken said, “with over 170 publications nationwide we are proud to support ACM’s media brands in connecting with millions of Australian’s every day.
We are excited by ACM’s growth plans and believe IVE’s diverse product and service offering is key to ACM unlocking further strategic value in their business.”
ACM Executive Chairman, Antony Catalano, said, “we are delighted to partner with IVE which has a long and successful history of delivering on complex production and distribution challenges.
ACM is evolving as a business and we’re looking for ways to streamline our operations to allow us to focus on what we do best; creating and delivering great content. We look forward to working with IVE as we continue that journey.”
Chief Executive Officer
IVE Group Ltd
About Australian Community Media
ACM is Australia’s largest privately owned media company reaching nearly 8 million readers per month across its 170 print and digital mastheads. We pride ourselves on independent quality journalism. We are the Trusted Voice.