Haynes Publishing Group has purchased Clymer and Intertec Manuals from Penton Business Media, the company announced yesterday.
If you’re the sort of rider who just drops the bike off at the shop when it’s time for maintenance, this probably isn’t earth-shattering news. However, if you like to wrench on your machines yourself, chances are you have a Clymer manual somewhere, or maybe even a whole shelf full of them. The company had published titles covering a wide variety of machines, and now the future of some of those books may be up in the air, as it’s hard to see Haynes publishing two different manuals for the same machine.
However, Eric Oakley, Group CEO of Haynes, said “Clymer is a business that we have been interested in for some time and we are delighted that we are now bringing such an iconic name, particularly among motorcycle owners and DIYers, into the Haynes Group.” So, it sounds as if they aren’t about to re-brand the company or eliminate it, but plan to focus on their core business.
Apparently, the deal cost Haynes $9.25 million, to be satisfied by cash and debt.
Clymer was founded by motorcycling pioneer Floyd Clymer, who died in 1970.