You are viewing your 1 free article this month. Login to read more articles.
NMD Trading Company has sold book supply company Mayfield Books & Gifts to Cornwall-based distributor Outstanding MD.
The sale of the Mayfield Books & Gifts, which is based in Sheffield, will be finalised on 24th April 2017. The price paid for the supplier has not been disclosed.
The sale will see Outstanding MD's Yellow Maps series added to the Mayfield Books & Gifts' range.
NMD Trading managing director Andrew Smith said: “We are excited about the opportunities this will create for our customers, with the additional ranges that will be available, especially the Yellow Map series. We are also very positive that the Outstanding team has a very closely aligned vision and is well placed to take the businesses forward and ensure longevity of supply."
The Mayfield leadership team is "committed to a seamless transition" and has confirmed that most sales contacts will remain the same as all sales agents will continue without change. No one will be made redundant as a result of the purchase, a spokesperson said.
Bill Noakes, marketing manager of NMD, added: "We have worked with Outstanding MD for many years and there are natural synergies between our companies. [The sale] will benefit the Mayfield customer base as they will now have access to the Yellow map range. Apart from that, there won't be any real change for customers. All external reps and customer contacts will stay the same and Mayfield website will be transfered seamlessly to Outstanding MD."
NMD will retain its publishing arm Bradwell Books which specialises in local interest titles. It will be distributed by Outstanding MD.
"Bradwell has experienced superb growth over the past few years. We’re looking to focus our efforts on ensuring continued success for the brand and that hit ranges such as Dialect, Ghost Stories and Walks for all Ages reach an even greater audience”, Smith said.