Wilson And Horton Receives Clearance

Friday, 7 December 2001, 11:43 am
Press Release: Commerce Commission

Wilson And Horton Receives Commerce Commission Clearance To Acquire The Village Press

The Commerce Commission has given clearance under the Commerce Act to Wilson & Horton Limited to acquire all of the assets of Powerplant Productions Limited relating to “The Havelock North Village Press” newspaper business.

Wilson & Horton is 100% owned by Wilson & Horton Holdings Limited, which is 100% owned by Independent News and Media plc, a Dublin based media company.

Wilson & Horton is a news and information company operating in four segments: newspaper publishing; new internet-based media; specialist publishing and commercial printing. It currently publishes nine daily newspapers and 32 free community papers. It also owns a 33% shareholding in The Radio Network.

Powerplant Productions Limited publishes the Village Press, which is a free fortnightly publication circulated in Havelock North, Napier and Taradale. Wilson & Horton has an existing commercial arrangement with Powerplant for printing the Village Press.

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