Guernsey Press

Acquisition of Press overseen by Collas Crill

COLLAS CRILL assisted Bailiwick Investments Limited and MXC Guernsey Limited with the recent acquisition of The Guernsey Press Company Limited.

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The Collas Crill team: Jason Green, Paul Wilkes, Tristan Ozanne and Ben Le Page. (26001944)

The official owners, The Channel Islands Media Group Limited, is a joint venture between Bailiwick Investments Limited and MXC Guernsey Limited.

The deal includes both the production and distribution of the newspaper as well as its digital platforms and GY4 You app. Having previously been in off-island ownership, it is the first time in more than two decades that the company will be locally owned.

Property partner Jason Green, who led the team at law firm Collas Crill, said: ‘We were delighted to provide the legal support across our excellent property, commercial and employment teams to achieve this result within our clients’ timeframe.’

He also worked alongside group partner Paul Wilkes, senior associate Tristan Ozanne and associate Ben Le Page.

‘This is wonderful news for the Guernsey public and our clients. We will watch the evolution of the Press with keen interest as it now moves ahead in an age of fast paced technological innovation,’ added Mr Ozanne.