Smiths News has expanded its Bertam Books business further with the €1.5m acquisition of Dutch company Erasmus Antiquariaat en Boekhandel.
Erasmus supplies journals into academic libraries and government Institutions mainly across Northern Europe. In the year to 31 December 2012, it generated sales of €15m.
Smiths said the deal would increase its total international sales to £50m.
“We are delighted to have completed another strategic bolt-on acquisition, which is an excellent addition to our books business,” said CEO Mark Cashmore.
“Erasmus extends our Northern European academic business and accelerates our expansion plans. The Group will benefit from an increase in scale and a stronger sales presence in Northern Europe.”