INM in €45m printing deal

INDEPENDENT News and Media (INM) has signed a lucrative £40 million (€45m) deal to take on the printing of the Irish editions of two of the biggest selling British daily newspapers.

INM’s Newry-based printing plant will produce all copies of the Daily Telegraph distributed on the island of Ireland for the next 15 years; while the group’s Belfast Telegraph print plant will take on the production of the Daily Mirror for the next seven years.

Combined, the two contracts will make Northern Ireland one of the single biggest producers of daily newspapers in Europe.