Independent News & Media has bought four business and consumer titles from Belfast-based Greer Publications for an undisclosed sum. 

The titles - Ulster Business, Ulster Grocer, Northern Woman and Hospitality Review NI - will join the portfolio of print and online titles managed by INM Ltd in Belfast.  

The ten staff who currently work on the titles will be retained and for the next few months will continue to operate from the Belfast Harbour Estate premises.

Today's deal is for four of the eight titles published by Greer Publications.

"We are very pleased to add these leading Northern Ireland titles to our portfolio. They are clearly established magazines with a loyal following and an impressive readership across the business, food retailing, hospitality, consumer lifestyle sectors," commented INM's chief executive Robert Pitt.

"An important factor in acquiring these titles is the fact that they each have a robust online presence, and this very much fits in with the forward  strategy across all of INM’s titles," he added.