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Waterstones acquires Blackwell’s, the UK’s biggest independent bookseller

Sale of 143-year-old family-owned business marks a further concentration of the industry

The UK’s largest book chain, Waterstones, has acquired the country’s largest independent bookseller, Blackwell’s, ending 143 years of family ownership and signalling a further concentration of the bookselling industry.

Blackwell’s, which has 18 bookshops, was put up for sale this month after its owners ditched a plan to hand it to employees. The chain will continue to trade under its own brand.

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from The Guardian https://ift.tt/Pg0An5U
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