Sameday Books Looking for Acquisitions

The Bookseller reports that Charles Denton, the new owner of Samedaybooks, has said that the company will look to make acquisitions in order to build a larger business. Denton, whose 1m pound offer for the flagging retailer closed yesterday, also said that he hoped to sell the chain’s software systems to other sectors. “I am pleased to have acquired my holding in samedaybooks and look forward to working with the directors and staff to take the company forward with a number of new opportunities,” said Denton, whose stake in the company is now 60%. “In particular, samedaybooks has established some valuable software systems for the book retailing market which I believe can be adapted and developed across other business sectors. We are also examining a number of possible acquisitions which, if successful, will build the company to a significantly larger business.

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