The Little Group, which owns wholesaler Gardners, has purchased Baker & Taylor UK from ceo Amandeep Kochar, The Bookseller reports. A private investment group led by Kochar bought what remained of B&T last fall. B&T UK will continue operating with its own name, and no staff changes are planned. Executive chairman Gareth Powell and managing […]
M&A
Vivendi Owns 55 Percent of Lagardere Following First Tender
Vivendi and Lagardere confirmed in separate releases that approximately 11 million shares in Lagardere were tendered during the first round of Vivendi’s buyout offer, giving it 55.43 percent of the share capital in Lagardere. A second round of the main tender offer opens May 27 and closes on June 9, still at the offer price […]
Acquisitions: University of Georgia Press Buys NewSouth Books
The University of Georgia Press announced its acquisition of NewSouth Books, founded in 2000 and based in Montgomery, Alabama, with a catalog of over 400 titles. Publisher Suzanne La Rosa will join UGA Press on July 1 and continue to publish 8-12 new titles annually under the NewSouth imprint. Editor-in-chief Randall Williams will continue to […]
CCC Acquires Ringgold
The Copyright Clearance Center has acquired Ringgold, which provides persistent identifiers (PIDs)–metadata that is unique to a person, organization, article, etc, particularly used in scholarly communications. The terms of the deal were not announced. “Globally unique PIDs are essential for creating connections between articles, researchers, institutions, and funders,” CCC president and ceo Tracey Armstrong said. […]
M&A: Sterling Acquires Knock Knock
Sterling Publishing has acquired gift company Knock Knock, which includes the brand Em & Friends. Knock Knock will be overseen by Union Square & Co. publisher and cco Emily Meehan, “with the operations and distribution of Knock Knock titles remaining business as usual,” according to a release. Knock Knock founder and ceo Jen Bilik and […]
Sourcebooks Acquires Duopress
Sourcebooks has acquired Duopress, a “a minority-owned independent publisher of innovative, high-quality, and affordable books and gifts.” The Duopress list includes “board books, regional board books, counting books, and doodle books,” as well as nonfiction middle-grade titles and more. Duopress founder Mauricio Velázquez de León said, “I’ve always admired the energy and publishing IQ of […]