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Bengt Nordin sells out to Loud
01.01.70 | Philip Jones
After nearly 20 years as one of Scandinavia's leading literary agents Bengt Nordin has sold his Stockholm-based Bengt Nordin Agency to Hanserik Tönnheim and Joakim Hansson who jointly own the Loud Literary Agency that they founded in 2005.
The deal, whose terms were not disclosed, was originally announced in the autumn but has become effective on 1st January.
The two companies will be merged to become Sweden's largest literary agency, trading as Nordin Agency. Bengt Nordin will continue to be involved in the day-to-day running of the business until the summer and will retain a seat on the board after his retirement.
His decision to sell was influenced by a heavy car crash more than a year ago in which the 60-year-old was seriously injured. "Selling to Loud was the natural choice as they are the only literary agency in Sweden able to manage all that I have built up." Nordin said that his business recorded its best year ever in 2007.
The Bengt Nordin Agency was founded in 1990 after Nordin left his job as managing director of Swedish trade publisher Wahlström. Among the authors he represents are Liza Marklund, Camilla Läckberg, Kerstin Thorvall and the late Marianne Fredriksson whose novels have been translated into 44 languages.