Limmatwelle goes to the AZ Medien Group
The owners of Limmatwelle GmbH have decided to sell the Aargau weekly newspaper Limmatwelle to AZ Medien on January 1, 2010 as part of a succession plan.
The change of ownership should enable the official publication organ of the municipalities of Neuenhof, Spreitenbach, Killwangen and Würenlos, which has a circulation of around 13,000 copies, to face the challenges of the changing media market more effectively, according to a press release issued on Thursday. Limmatwelle will remain as an official publication and will be able to benefit from synergies in infrastructure by being embedded in the publishing activities of the AZ Medien Group. The parties have agreed not to disclose the price.
In January 2010, operational management will be transferred to Oscar Meier, Managing Director of AZ Wochenzeitungen AG of the AZ Medien Group. He will report to Dietrich Berg, Managing Director Magazines/Anzeiger/Books and member of the Executive Board. Bettina Meyer-Herms from Limmatwelle will continue to be the competent point of contact for community representatives and will take care of advertising sales. To ensure a smooth transition, Hannelore Arndt will continue to act as deputy managing director until mid-2010.
In January 2010, operational management will be transferred to Oscar Meier, Managing Director of AZ Wochenzeitungen AG of the AZ Medien Group. He will report to Dietrich Berg, Managing Director Magazines/Anzeiger/Books and member of the Executive Board. Bettina Meyer-Herms from Limmatwelle will continue to be the competent point of contact for community representatives and will take care of advertising sales. To ensure a smooth transition, Hannelore Arndt will continue to act as deputy managing director until mid-2010.
