Posted by Holly Gunner on 2nd July 2015
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Totally Entwined Group are pleased to announce that we are becoming part of the Bonnier Publishing family.
BONNIER PUBLISHING ACQUIRES TOTALLY ENTWINED GROUP
- Publisher purchased in major deal for fiction division -
London, 26 June 2015 – One of the UK’s top publishers, Bonnier Publishing, has today announced the acquisition of commercial fiction publishing house Totally Entwined Group for an undisclosed fee.
Totally Entwined Group will join Bonnier Publishing’s rapidly expanding fiction division, alongside imprints such as Zaffre and Twenty7, bolstering its adult fiction offering. The deal follows the company’s October 2014 purchase of IglooBooks, which established Bonnier Publishing as a top five children’s publisher in the UK.
Bonnier Publishing Fiction will acquire the whole of Totally Entwined Group, including its flagship erotic romance publishing house Totally Bound Publishing, Pride Publishing (GLBTQI fiction), Finch Books (YA literature), Evidence Press (crime/ thriller) and Celebritease (celebrity authors).
Taking place with immediate effect, the acquisition will not result in any redundancies. All 12 members of staff, including CEO Claire Siemaszkiewicz and director Marek Siemaszkiewicz, will retain their positions and continue to be based in their Lincolnshire offices.
Mark Smith, Bonnier Publishing Fiction CEO, commented: “This move is the first of several acquisitions we anticipate on the fiction side of our business. It further demonstrates the ambitious nature of Bonnier Publishing and highlights our commitment to growth, be that organic or via acquisition. Totally Entwined is a great fit for us: a highly entrepreneurial business, working with high profile authors to produce fantastic titles in several different fiction markets. We could immediately see the value in this deal and I look forward to welcoming Claire and her team to the Bonnier Publishing Fiction team.”
Claire Siemaszkiewicz, CEO at Totally Entwined Group, said: “This is a natural next step in the development of the Totally Entwined Group and opens up a multitude of new and exciting opportunities for us and our authors. It’s wonderful to be able to work with a forward-thinking company that appreciates the entrepreneurial spirit which has helped us define our publishing house and forge ahead in a changing industry. We are thrilled to embark upon our next adventure as part of the Bonnier family.”
ENDS
For media enquiries, please contact:
Tony Mulliken (Midas Public Relations) or Heidi Blakey (Totally Entwined Group)
T: 020 7361 7860 T: 01522 668 916
E: tony.mulliken@midaspr.co.uk E: heidi.blakey@totallyentwinedgroup.com
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