Literati Acquires Follett Book Fairs
January 19, 2022
Literati, a book subscription and curation company, has acquired Follett Book Fairs from Follett to expand its business into the PK-8 school book fair market. The deal transfers Follett Book Fairs' inventory, distribution centers, and key sales and operations staff to Literati, enabling immediate bookings in several U.S. regions and broadening Literati's product and service offerings for schools and librarians.
- Buyers
- Literati
- Targets
- Follett Book Fairs
- Sellers
- Follett Content Solutions, Follett School Solutions
- Industry
- Education
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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