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Commonwealth Bus. Media purchases Compass North America, Inc.

Commonwealth Business Media (CBM; East Windor, NJ) has acquired Compass North America, Inc. (CNA; Newark, NJ), a producer of publishing, advertising and information services for the shipping/port sectors. No terms for the deal were given.

CNA produces the "Seaports of the Americas," AAPA's (American Association of Port Authorities) annual directory, "Georgia Ports Authority Guide & Directory," "The Port Everglades Guide & Directory" and the annual AAPA convention guide. CNA also produces the recently-launched, tri-annual AAPA Seaports Magazine, a title that is targeted to professionals in the port industry. Editorial includes coverage of current port industry issues and legislative and agency actions.

CBM produces a variety of related information products, including The Journal of Commerce, Port Import Export Reporting Service (PIERS), Traffic World, Air Cargo World, Pacific Shipper, Shipping Digest and Gulf Shipper, among others. CBM president/ceo Alan Glass said the deal was "extremely symbiotic. It will establish CBM in the port directory publishing business while aligning Compass's first-rate product line with our magazines, directories and internal resources."
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Comment:Commonwealth Bus. Media purchases Compass North America, Inc.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:May 30, 2004
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