A change of ownership at Amsterdams Stadsblad

TMG’s publishing house of free (door to door distributed) weeklies and Argo Press reached an agreement on the acquisition of the assets of Argo Press regarding Amsterdams Stadsblad as per today, 1 February 2008.

TMG’s publishes on a weekly basis more than 80 free weeklies with a circulation of over 2.5 million copies in the western part of the Netherlands (provinces Noord Holland, Zuid Holland and Flevoland). The acquisition concerns the following free weeklies with a total circulation of over 500.000 copies: Amsterdams Stadsblad, Diemer Courant, Amstelveens Weekblad, Aalsmeerder Courant, Uithoornse Courant and De Ronde Vener. With this acquisition TMG strengthens its market position in the Amsterdam area.
The acquisition has no direct impact on the position of the 21 employees of Amsterdams Stadsblad.