PIMS BUYS CCN NEWSWIRE, MATTHEWS MEDIA DIRECTORIES
By Adnews Staff
PIMS Holdings Ltd. of London, England has purchased Canadian press release distribution service CCN Newswire and its sister company Matthews Media Directories, a media contact source. Both firms are Toronto-based. PIMS supplies public relations services in the U.K. and U.S. including media directories, design, digital printing, direct mail and electronic distribution services. This is PIMS' first move into Canada. "The acquisition of CCN and Matthews is a perfect fit for us," said PIMS chairman Julian Henchley. "Not only will it round out our ability to service the PR market in North America, but CCN's own newswire expertise will help us expand our news distribution operations in the U.K." CCN and Matthews will continue to operate under their current names. CCN's chief operating officer, Michael Nowlan, will take on the post of CEO of PIMS Canada Inc.