Bonnier USA yesterday announced that it sold its marine division to Craig Fuller’s Flying Media Group. The division includes the magazine titles Yachting, Boating, Salt Water Sportsman, Sport Fishing, Cruising World and Sailing World. The marine division also produces the Sport Fishing Television series and hosts the Sailing World Regatta Series.
“The sale of our marine media division marks our fifth transaction in shaping a group with full focus on experiential outdoor adventure,” Bonnier executive chairman Jens Mueffelmann said in a statement. “Craig Fuller has vigorously transformed aviation media. He is the perfect new owner of our marine media division.”
According to the statement, Bonnier will retain Marlin magazine and its series of tournaments in Costa Rica, Bermuda, the Virgin Islands and Mexico.
