History Press sells German subsidiary

History Press sells German subsidiary

The History Press has sold its Germany-based historical picture book subsidiary Sutton Verlag to GeraNova Bruckmann Verlagshaus for an undisclosed sum.

Sutton Verlag, which publishes picture books, guide books, crime and biographies as well as titles on engineering and transport, was founded in 1996 and is based in Erfurt, Germany.

New owner GeraNova Bruckman Verlagshaus is based in Munich and specialises in non-fiction book and magazine publishing.

Stuart Biles, chief executive of The History Press, said the sale of Sutton Verlag followed a strategic review of the company’s businesses and is in line with its decision to concentrate on the "opportunities and synergies" in the English language markets.

“Sutton Verlag has for many years been a strong contributor to The History Press Group and has remained solid in volatile market conditions while still being able to innovate,” Biles said. “We are confident that it can grow further under the strong ownership of GeraNova Bruckmann and benefit from the economies of scale and infrastructure such a large business can bring to bear in the German market. We are proud of the work done by our colleagues at Sutton Verlag and thank them for their tremendous contribution to the Group.”

Publisher Clemens Schüsslerof GeraNova Bruckmann added: “As one of the leading German history publishers we want to make Sutton Verlag even stronger in the market and we look forward to expanding the book programme with colleagues in Erfurt.”