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Cygnus buys Professional Tool and Equipment News

Published on .

St. Petersburg, Fla. -- Cygnus Publishing announced Tuesday that it has acquired Professional Tool and Equipment News, a publisher of tool and equipment publications serving the automotive industry. The deal includes Professional Tool and Equipment News, Fleet Maintenance Supervisor and Body Shop Expo. In a separate transaction on May 28, Cygnus sold Modern Paint & Coatings and Soap & Cosmetics to Chemical Week Associates, New York, publishers of Chemical Week, Chemical Specialties and Adhesives Age.
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