The Quarto Group has received an offer to buy the company that the board considers "attractive and reflective of the inherent value of the business as a global publishing platform" and is in early discussions with the potential buyer, Quarto announced this morning. Quarto added that it has decided not to identify the interested party "at this stage, due to the early stage nature of their interest."
Quarto, which is domiciled in the U.S. and is listed on the London Stock Exchange, sells books in 47 countries in 39 languages and in the U.S. owns Walter Foster Publishing, becker&meyer, Harvard Common Press, Voyageur Press, Burgess Lea Press, Rockport Publishers, Creative Publishing International, Motorbooks and others.