Canongate buys Severn House Publishers

Canongate buys Severn House Publishers

Canongate Books has acquired independent Severn House Publishers from owner Edwin Buckhalter and his family for an undisclosed sum.

The deal was financed in part by Handelsbanken, which has taken over from the Royal Bank of Scotland as Canongate’s bankers, and will enhance its overall annual turnover by over a third.

Buckhalter founded the Surrey-based independent house in 1974 and has grown the specialist fiction publisher that focuses on the US library and large print market into a "highly profitable and respected list", according to Canongate. Turnover for the publisher in 2016 was £3....

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