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September 23, 2021By Katy Hershberger

HBG Completes Acquisition of Workman

September 23, 2021By Katy Hershberger

Hachette Book Group announced it has completed its $240 million acquisition of Workman. As previously announced, Workman ceo Dan Reynolds will head the group, reporting to HBG ceo Michael Pietsch, and will join the Executive Management Board. Pietsch said, “This is a significant and exciting milestone for Hachette Book Group, as we welcome an extraordinary publisher to HBG. We have deep admiration for Workman’s publishing, its people, its authors and illustrators, its books, its commitment to backlist and its culture. The opportunity for HBG to join forces with Workman is one I believe will be enormously beneficial to both companies, […]

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Filed Under: M&A

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