Italy: Distributor Emmelibri-Messaggerie and Book Chain Libraccio Merge
Libraccio is Italy’s leading chain of independent bookstores, today with 61 stores operating in 34 cities and seven regions of the country. Italy’s distribution powerhouse Emmelibri-Messaggerie has increased its ownership in Libraccio’s holding company, DMB, to secure a 51-percent majority stake, subject to approval by the Italian Competition Authority. Behind this news lies a 30-year relationship between Libraccio and Emmelibri-Messaggerie that can be traced … Continued