Surprise merger for Germany's Thalia and Mayersche chains

Surprise merger for Germany's Thalia and Mayersche chains

The German book market has been shaken up by a surprise merger between two major bookselling companies, announced this morning. Market leader Thalia and Mayersche, one of the largest regional chains, will join forces to become Europe’s largest specialist bookseller. Details of the deal - which needs to be approved by the competition authorities - have not been disclosed.

The merger brings together two companies which both have close family ties. In the summer of 2016 US private equity investor Advent International sold Thalia to a consortium of experienced trade insiders consisting of the ...

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