Bonnier Group, the family-owned Swedish company, has become one of the 10 largest magazine owners in America with three acquisitions at a time when many more prominent media groups are closing titles or seeking to sell their publishing arms.

The contrarian deals, including the acquisition of five titles from Hachette Filipacchi Media last week, give Bonnier more than $350 million in annual magazine revenue in the US, putting it in the top tier just three years after entering the market.