Johnston Press: making newspapers pay

Article Abstract:

Johnston Press PLC Chmn Fred Johnston, Managing Dir Ian Bell, and Finance Dir Marco Chiappelli head a holding company with 22 subsidiaries in the UK and Australia. The management team of Johnston, Bell, and Chiappelli has been together 16 years. The board of the Scottish firm decided in 1976 to diversify geographically, and the firm has made many cross-border acquisitions. The acquisition of the publishing company Dunn and Wilson gave Johnston Press Dunn and Wilson's Australian subsidiary, which had an 80% share of the Australian library book market. After taking over Dunn and Wilson, the CEO and family directors were eliminated, and 600,000 pounds sterling in savings were obtained. The firm's status as a PLC gives the management team flexibility in that they are able to issue commercial paper to finance a deal. The committee of three makes all decisions, which makes the decision-making process rapid.

Newspapers, Newspaper publishing, Johnston Press PLC, company profile, Bell, Ian, Chiappelli, Marco, Johnston, Fred

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Growth culture

Article Abstract:

Quality Biotech Inc provides bio-pharmaceutical companies with high-quality independent testing and analysis of raw materials and products. The Scotland-based testing laboratory is enjoying healthy sales despite its highly competitive environment. The firm's compliance with the UK's Good Laboratory Practice standards, combined with personal visits by clients to its facilities, has won contracts for the company. The company attributes its success to its ability to balance business and technical expertise.

Commercial physical research, Testing laboratories, Company Profile, Biotechnology laboratories, Quality Biotech Inc.

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