Sales at Canongate fell 24 percent in 2014, down to £7.9 million, with a pre-tax loss of £1.3 million in a “difficult and dispiriting” year. The company blamed a bad fall list, with “some very significant advance write-offs we subsequently made.” 3M sold their North American Library Services division to One Equity Partners — which owns Bibliotheca — and they have “entered into agreements” to sell the remaining global Library Systems business as well. Bibliotheca promises that the expanded group “will combine the best of both worlds to help libraries captivate their communities, providing innovative library-focused solutions that connect with people at home, at the library, and […]
