Bertelsmann Buys FAZ Imprints Random House continues its international expansion plan with yesterday’s announcement that its German unit, Verlagsgruppe Random House, will acquire the book publishing imprints owned by Frankfurter Allgemeine Zeitung (FAZ). Terms were not disclosed, though Random House’s Jeorg Pfuhl is reported by AFX as saying the three imprints — DVA (Deutsche Verlagsanstalt), Manesse and Koesel — will add 20 million euros in sales, pending approval of the deal by the government’s monopoly commission. Random CEO Peter Olson was among those present at the announcement in Munich. AFX Bloomsbury Would Like to Buy Imprints, For Less On the […]
