Waterstones has acquired family owned specialist bookseller Blackwell’s for an undisclosed sum through funds advised by Elliott Advisors.
The move brings 143 years of family ownership to an end for Blackwell’s. The company will continue to trade under its own name following the purchase.
The acquisition follows the purchase of the Foyles bookshop chain in September 2018 and will also bring Blackwell’s under the same ownership as US chain Barnes & Noble.
Waterstones is the UK and Ireland’s leading high street bookseller with 291 bookshops, including Foyles, Hatchards, Hodges Figgis and branches in Ireland, Brussels and Amsterdam.
