Johnston Press - History

History

The Johnston family has been involved in the printing business since 1767. It bought control of its first newspaper, the Falkirk Herald, in 1846. The company would remain headquartered in Falkirk for the next 150 years. The family publishing company was renamed F Johnston & Co Ltd in 1882, a title it would retain until it was floated on the London Stock Exchange as Johnston Press in 1988. The company's first major acquisition came in 1970, when it took control of the Fife-based publishers Strachan & Livingston. In 1978 it bought Wilfred Edmunds in Chesterfield, publisher of the Derbyshire Times and The Yorkshire Weekly Newspaper Group in Wakefield.

The Company bought The West Sussex County Times in 1988, The Halifax Evening Courier in 1994 and the newspaper interests of EMAP plc in 1996. Further expansion followed with Portsmouth & Sunderland Newspapers in 1999 and Regional Independent Media Holdings in 2002.

The Company expanded into the Irish market in 2005 by purchasing Local Press Ltd, a company owned by 3i (£65 million), the newspaper assets of Scottish Radio Holdings, known as Score Press with forty-five titles in Scotland and Ireland (£155 million), and the Leinster Leader Group (€138.6 million). The titles were then reorganised into three main holding companies: Derry Journal Newspapers (Counties Donegal and Londonderry), Johnston Publishing (NI) (everywhere else in Northern Ireland) and Johnston Press Ireland (along with four smaller companies everywhere else in the Republic).

The Company acquired Scotsman Publications in 2006.

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