QUARTO TO ACQUIRE LEADING GARDENING PUBLISHER
For Immediate Release 2 March 2011
The Quarto Group, Inc.
("Quarto" or the "Company")
QUARTO TO ACQUIRE LEADING GARDENING PUBLISHER
Quarto (Full List: QRT.L), one of the largest international co-edition book publishers, has acquired Nashville, Tennessee based Cool Springs Press, for an undisclosed sum.
Cool Springs, which will become part of Quarto's Quayside Publishing Group in the US, is a leading publisher of gardening and garden related titles.
Recognizing that the most reliable gardening information addresses the growing conditions where consumers live and garden, Cool Springs Press was a pioneer in publishing state specific gardeners' titles in 1996. Since then, Cool Springs Press has grown and responded to the renewed popularity in edible gardening and consumers' need for affordable resources for gardening information.
Cool Springs has a back list of 187 titles and published 11 books last year.
Commenting on the acquisition, Chairman and CEO, Laurence Orbach, said :
"This purchase is an excellent demonstration of how we are furthering our strategy of becoming a leading publisher and distributor of books for enthusiasts across many niche categories"
For further information please contact:
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The Quarto Group, Inc. |
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Laurence Orbach (Chairman and CEO) Mick Mousley (CFO) |
020 7700 9004 |
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Buchanan Communications |
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Mark Edwards Suzanne Brocks Christian Goodbody |
020 7466 5000 |
About Quarto: Quarto is one of the largest international co-edition book publishers with two principal strands of activity: its Publishing segment publishes books, under imprints owned by the Group; and its Co-Edition Publishing segment creates books that are licensed to other publishers for publication under their own imprints in many languages around the world.
This information is provided by RNS