For the record the Daily Telegraph "Meanwhile "ENCANTA Media, publisher of hobby magazines including The Woodworker and Model Boats, was yesterday snapped up by online group Magicalia for pounds 2.7m.
Encanta chairman Peter Harkness will be chairman of the enlarged group, while managing director Owen Davies will be joint MD with Magicalia founders Jeremy Tapp and Adam Laird."
For people who want to speculate on who has done well from this back on January 25th 2006 the Daily Telegraph said
"Leeds-based Endless has bought the special interest magazine division of collapsed publisher Highbury House Communications for a sum believed to be near to pounds 1m. The new owner, which recently raised pounds 100m to invest, now owns a stable of hobby titles which had a turnover of pounds 6m before the collapse, including Model Boats, Military Modelling and Popular Patchwork. All 45 staff will transfer to a new company, Encanta Media. "
Charles