Nation Broadcasting has expanded its South West presence by acquiring Devon-based station Radio Exe.
The deal strengthens Nation’s position in the regional market, adding an established local service to its portfolio just days after launching Nation Radio Devon on DAB across the county.
Radio Exe began broadcasting in 2012 to Exeter and surrounding areas, later extending across much of Devon on DAB around 2020, including Torbay, Plymouth and North Devon. The station will continue with its existing format of music, local news and information under the new ownership.
The acquisition creates two local stations under Nation Broadcasting in the same region, described as complementary services targeting audiences across Devon.
Founder Jason Bryant said: “Radio Exe has always been a popular and highly regarded local radio station. Radio Exe will continue to broadcast its successful mix of Devon’s Best Music alongside local news and information.”
Jason added the company was pleased to welcome the existing team as it develops its regional operations.
Outgoing managing director Paul Nero confirmed he will step away following the sale, marking a change after more than a decade with the station.
He said: “Radio Exe is enjoying a period of high listening figures and revenues and has built a great reputation with businesses and audiences.”
The licence for speech station Devoncast Radio remains with Paul’s company, Exe Communicate.