SHARE

Aurelius acquires Connect Books for £6m cash consideration

The deal had been on hold since December due to lower than expected profits posted by Connect. The multichannel wholesaler, distributor and retailer of books operates across the UK, Netherlands and France and has gross assets of £64.4m.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.