Merit Group Explained

Merit Group plc
Former Name:Huveaux plc and Dods Group plc
Type:public limited company
Industry:Publishing
Brands:Dods
Revenue: UK£ 24.7 million
Revenue Year:to 31 March 2021
Owner:Lord Michael Ashcroft (42%)
Num Employees: 1,158
Num Employees Year:2021
Location:The Shard, London
Foundation:2001

Merit Group plc is a British publishing holding company founded in 2001.[1] Its largest shareholder is the Conservative politician and businessman Lord Ashcroft. It was formerly known as Huveaux plc (from 2001 to 2010) and then as Dods Group plc (2010–2021).

Its ordinary shares are listed on the Alternative Investment Market of the London Stock Exchange.

Subsidiaries

A subsidiary, Dods Parliamentary Communications Ltd, publishes The House Magazine, a fortnightly publication for peers and MPs in Westminster; the annual Dod's Parliamentary Companion; and The Parliament Magazine, aimed at Members of the European Parliament. Publication of Dods Parliamentary Companion began in 1832.

In 2011, the company bought the PoliticsHome website from Lord Ashcroft for £2m. PoliticsHome had been founded in 2008 as a sister site to ConservativeHome and was then edited by Paul Waugh.

In 2012, it bought Biteback Media Ltd, publisher of Total Politics, for £795,000 in cash, and Holyrood Communications, publisher of Holyrood, for £416,806 cash plus a further £250,000 if profit targets are met.

As of March 2022, Politics Home and The House Magazine had a combined one million monthly readers online.[2]

Notes and References

  1. Web site: MERIT GROUP PLC overview - Find and update company information - GOV.UK. 26 December 2021. find-and-update.company-information.service.gov.uk. en.
  2. Web site: Silvera . Ian . PoliticsHome ties digital offering together with podcast push . 20 March 2022 . www.news-future.com.