Smiths News buys Dutch bookseller Houtschild

  • Print
  • Share
  • Comment
  • Save

Smiths News has expanded its Bertrams book business once again with the acquisition of Houtschild Internationale Boekhandel from Blackwell UK for €700,000 (£567,826).

Houtschild, based in the Netherlands, is a supplier of books and journals into academic libraries and government institutions across Northern Europe. It generated sales of €4.9m (£3.98m).

“Houtschild represents a clear international strategic step for Bertrams consistent with our stated aims,” said Smiths chief executive Mark Cashmore.

“The group will benefit from synergies, an increase in scale and a stronger sales presence in Northern Europe, as well as accelerating the digital platform roll-out.”

This is the second acquisition for Smiths in as many months. In April it acquired Hedgelane, an independent distributor to the education and care sectors, for £38m.

And last June it paid £20m for the remaining book business of the now-defunct newstrade wholesaler Dawson News.

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email groceremails@wrbm.com

Mandatory
Mandatory
Mandatory
Mandatory

Related images

  • Smiths News buys Dutch bookseller Houtschild
  • Print
  • Share
  • Comment
  • Save

Grocer jobs Experts in FMCG

ML Accessories AREA SALES MANAGER

AREA SALES MANAGER - ML Accessories

Good basic salary + excellent bonus opportunity + car + laptop + mobile phone + benefits
Search jobs
Sign in

Newsletter Sign-up

Free

I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer

DIRECTORY

The+Grocer+Directory

CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.

FOLLOW THE GROCER

The Grocer's commentators and opinion makers