Hachette UK has extended their string of modest acquisitions in purchasing Laurence King Publishing (best known for Johanna Basford’s coloring books). King himself, who recently turned 65, will leave after a six-month term as a consultant. Hachette UK has been the distributor for LKP. In 2018, the most recently reported year, LKP had sales of £16 million, with almost no profit. The gift, trade and art books will keep the LKP name as an imprint of Orion, run by Anna Valentine. Their student and professional books will become an imprint of Quercus and the children’s publishing will be part of […]
