Danish publisher JP/Politikens has acquired a 70 percent stake in Norwegian nonfiction publishers Kagge and J.M. Stenersens, which together comprise Norway’s fifth largest publishing group. Politikens says the acquisition “fulfills its ambition to create a significant Scandinavian publishing group with strong, independent publishers in Norway, Sweden, and Denmark.” They established Polaris in Sweden in 2017, and acquired Swedish nonfiction publishing house Roos & Tegnér in early 2021. Kagge and J.M. Stenersens will continue to function as independent publishers and Jorunn Sandsmark will remain publishing director. Kagge founder Erling Kagge continues as publisher, board member, and co-owner with the remaining 30 percent […]
