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Kagge Forlag & J.M. Stenersens Forlag

JP/Politikens Hus becomes co-owner of a large Norwegian publishing group

 

Case

JP/Politikens Hus becomes co-owner of a large Norwegian publishing group

JP/Politikens Hus has bought an ownership interest of 70% in a large Norwegian publishing group consisting of the two Norwegian non-fiction publishers Kagge Forlag and J.M. Stenersens Forlag.

The two Norwegian publishers are responsible for a range of bestseller publications and publish biographies, non-fiction, lifestyle books, children’s books and stand-alone fiction titles.

Kagge Forlag and J.M. Stenersens Forlag continue as independent publishers under JP/Politikens Hus.

With the acquisition, JP/Politikens Hus creates a Scandinavian publishing group with independent publishers in Denmark, Sweden and Norway.

Accura advised JP/Politiken Media Group in connection with the transaction.