New chapter: Bookseller World of Books set to be offered for round £100million
A rising second-hand books enterprise is about to be put up on the market by its non-public fairness proprietor.
The Mail on Sunday understands Bridges Fund Administration is gearing as much as promote World of Books.
One non-public fairness supply recommended the agency could possibly be valued at greater than £100million.
World of Books works with charity outlets and recyclers to reuse books in any other case destined for landfill. It sells them through its personal web site and platforms together with Amazon and eBay
Bridges, which invests in firms that purpose to deal with social and environmental points, purchased a majority stake in World of Books in 2016 for £13million.
World of Books works with charity outlets and recyclers to reuse books in any other case destined for landfill. It sells them through its personal web site and platforms together with Amazon and eBay.
World of Books’ newest accounts, for the 12 months to February 2019, reported income progress of six per cent to £40million and income of £764,396. The agency paid out a dividend of £2.25million.