NewsBonnier Books acquires 70 % of Strawberry Publishing

Bonnier Books acquires 70 % of Strawberry Publishing

Arntzen de Besche has assisted Bonnier Books AB in the acquisition of 70% of the shares in the Norwegian publishing group Strawberry Publishing. Petter Stordalen and the three other founders retain 30% of the ownership and operations continue under the current name Strawberry Publishing.

Strawberry Publishing is the fourth largest general publishing group in Norway. The company comprises two general publishing houses, Strawberry Publishing and Bastion Forlag.

Bonnier Books gathers Bonnier’s book publishing and retail activities. Over 2 000 people across seven countries work within Bonnier Books and the annual turnover is approximately SEK 7 billion.

The transaction was announced 19 November. Completion of the transaction is subject to approval by the Norwegian Competition Authority. See more information in the press release from Bonnier.

Arntzen de Besche has acted as Norwegian legal advisor to Bonnier Books alongside Roschier Stockholm as Swedish legal counsel. The core team from Arntzen de Besche has consisted of Lars Horgen Hinze, Espen I. Bakken, Magnus K. H. Viddal and Frida May Behrens.

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