In a bid to expand business, Bonnier Group set to acquire 45% of Strawberry Publishing
On May 26, 2021, Bonnier Books in a statement stated that the company will buy out 45% of Strawberry Publishing AS, a book publisher based in Norway. The move will help Bonnier Books gain more titles and expand into more markets with Strawberry Publishing books known for fiction, and nonfiction books appealing to younger demographics.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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