Phaidon announced that it has acquired publisher of illustrated books on architecture, design, and the arts The Monacelli Press. The company was founded in 1994 by Gianfranco Monacelli and has a list of over 400 titles. The Monacelli Press will continue as a separate imprint, and the staff will relocate to Phaidon’s New York office. Previously, The Monacelli Press had been sold to Random House in 2008, and then bought back by Monacelli in 2011. Phaidon ceo Keith Fox said in the release, “The Monacelli Press’s portfolio is an exciting opportunity to accelerate our growth and expand into new categories […]