Bertrams Goes Bankrupt (publishersweekly.com)

The drawn-out saga of the potential sale of the Bertram Group, one of two major U.K. wholesalers, came to a conclusion today with the news that the business has gone into administration. A statement on behalf of administrators Turpin Barker Armstrong (TBA) was received by the U.K. publishing newsletter BookBrunch confirming the company had gone bankrupt.

“We can confirm that Bertram Trading Limited, the global book wholesaler, has entered administration along with Education Umbrella Limited, a supplier of textbooks and digital education resources and Dawson Books Limited, an academic and professional library supplier,” the statement reads. “Book wholesalers have suffered from falling demand in recent years due to changes in the distribution model for literature and the rising popularity of e-books. These factors, combined with the Covid-19 related closure of many public libraries and educational facilities, meant these businesses could no longer operate viably.”
more at source: https://www.publishersweekly.com/pw/by-topic/international/international-book-news/article/83647-bertram-goes-bankrupt.html

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