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Bloomsbury Publishing acquires Tottel Publishing

In an interesting move Bloomsbury Publishing have has entered into an agreement to acquire Tottel Publishing Limited. Once completed Tottel Publishing Ltd will be renamed Bloomsbury Professional.

Bloomsbury Publishing which is most famous for publishing the Harry Potter series has according to the press release on their website. "...identified academic and professional publishing as a growing niche sector. The proposed acquisition of Tottel fulfils a strategic objective of Bloomsbury in pursuing opportunities in this market and follows from the acquisitions of Methuen, Berg Publishers, and The Arden Shakespeare and the set up of Bloomsbury Academic"

Tottel have also released a Trade Press Release which comments on their acquisition by Bloomsbury.

Full post as published by The BIALL Blog on July 08, 2009 (boomark / email).