photo.png Bonnier Corp. announced this morning that it has acquired five Hachette Filipacchi enthusiast titles: Popular Photography, Flying, Boating, Sound & Vision and American Photo. The deal, which we had previously reported was in the works, closed yesterday. In addition to the print magazine properties, Bonnier also acquired all related Web sites, books, licensing agreements, videos and branded events.

This is Bonnier’s third recent acquisition. The company picked up Working Mother in September and Scuba Diving in December.

“These five titles from Hachette fit very well within our growth strategy of adding brands that serve markets with multimedia opportunities,” said Bonnier CEO Terry Snow.

Hachette’s president and CEO, Alain Lemarchand, said the divestiture would allow the company to focus on “our core areas of strength, including the women’s brands, the shelter category and our automotive category.”

Full release after the jump

Related: Hachette Dumps Men’s Enthusiast Group Publisher, Looks To Sell Titles

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