Canongate announced that it has purchased Severn House, for an undisclosed sum from Edwin Buckhalter and his family. Buckhalter, who founded the publisher in 1974, and Mandy Shaw will serve as consultants going forward. Kate Lyall Grant remains as publisher and the staff will relocate to Canongate’s west London offices. The deal was financed in part by Canongate’s bankers, Handelsbanken. Severn House had sales of £3.26 million in 2016. Additionally, Canongate’s finance and operations director Kate Gibb has been promoted to chief operating officer, and will sit on the Severn House board along with ceo Jamie Byng and chair David Young. Byng says in the announcement, […]
