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WH Smith Comes to the US with InMotion Acquisition; Penguin Random Takes Majority Stake at Companhia das Letras

October 31, 2018
By Michael Cader

UK retailer WH Smith is buying Jacksonville, FL-based travel electronics retailer InMotion for $198 million. InMotion sells electronics including headphones, earbuds, mobile power and portable speakers at 43 US airports, further expanding WH Smith’s growing travel division. Perhaps more significantly, WH Smith says the acquisition will “support the launch and growth of WH Smith’s airport […]

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Filed Under: Finance, International News, M&A

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