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.