Simon & Schuster Acquires Dutch Publisher Veen Bosch & Keuning (publishersweekly.com)

Simon & Schuster has acquired Veen Bosch & Keuning, the largest Dutch book publishing house. The acquisition includes all of VBK’s imprints in the Netherlands and Belgium, as well as its sister companies, the audiobook producer Thinium, and Bookchoice, a subscription-based platform for e-books and audiobooks. Financial terms of the cash acquisition, which is still subject to review, were not disclosed.

The move marks the first major instance of a promised international expansion of S&S, which CEO Jonathan Karp alluded to last year following the acquisition of S&S by private equity firm KKR. The acquisition is also S&S’s first of a non-English-language publisher, and provides the company a new foothold in the European market, where “the companies aim to provide a better avenue to sell, produce, and distribute… titles in Europe and to publish more S&S titles locally,” as per a release.
more at: https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/94975-simon-schuster-acquires-dutch-publisher-veen-bosch-keuning.html