Sandow Media, publisher of NewBeauty and Worth, has acquired Interior Design, Furniture Today and other titles from Reed Business Information. US. Financial terms of the deal were not disclosed.
“This is a rare opportunity for Sandow Media to acquire a group of industry-leading magazines and a very strong management team,” Adam I. Sandow, chairman-CEO of Sandow Media, said in a statement. “These brands each have robust print, digital, event and research businesses, and hold the category-leader position in each of their respective markets.”
In addition to Interior Design and Furniture Today, Sandow Media acquired Gifts & Decorative Accessories, Home Textiles Today, Casual Living, Home Accents Today, Kids Today and Playthings. Sandow Media said it would hire more than 100 employees as a result of the transaction.
Reed Elsevier, RBI US's parent company, had previously announced plans to sell most of its advertising-supported trade publications. Jordan, Edmiston Group represented RBI in the deal. —Sean Callahan