Trinity Mirror buys Hotgroup

By Dominic Ponsford Trinity Mirror has spent £50m on internet- based recruitment company, Hotgroup.

The
Daily Mirror publisher has reported difficult advertising conditions
across its regional and national newspapers, and recruitment
advertising makes up a big slice of that revenue. The buyup of Hotgroup
is the latest in a series of web purchases for Trinity Mirror.

Hotgroup
claims to be Britain’s second biggest online recruitment business in
terms of traffic. Its sites include Workthing.com, Jobsfinancial and
Hotrecruit.

It also includes six specialist conventional
recruitment businesses operating in the education, legal,
pharmaceutical, leisure and retail sectors.

A Trinity Mirror
spokesman said: “The Hotgroup’s businesses will complement Trinity
Mirror’s existing print and online classified operations, deepening and
strengthening its presence in core markets and geographies.

“In
addition, as a national brand, the Hotgroup will give Trinity Mirror
access to both new geographies and new recruitment sectors.”

In
August, Trinity Mirror bought recruitment website Financial Jobs Online
for £10.45m and in July the company paid £16.6m for house-buying
website Smartnewhomes.com

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