Bauer Media sells off five adventures titles to staffer
Bauer Trader Media has sold its adventures titles, including Caravan World, to a group of investors led by Robert Gallagher, the current general manager of adventures at Bauer Xcel Media.
Caravan World, Campertrailer Australia, Motorhome and Caravan Trader, Travelin, Turu and associated websites are being sold to Adventures Group Holdings.
The sale follows on from Bauer Media shuffling its publisher roles earlier this week.
Remind me how much Bauer paid for the business and why they thought it was a good idea.