Baker & Taylor Acquired by Follett Corporation

Follett Corporation today announced that it has acquired Baker & Taylor, LLC, the leading distributor of books, video and music products to public libraries and institutions, and a major wholesaler to retailers worldwide. With combined sales of $3.6 billion, the two businesses will offer librarians, patrons, educators and students unprecedented access to the best curated physical and digital content wherever learning and reading take place in the community.

Follett is a top provider of technology, services and print and digital content to PreK-12 libraries, schools and higher education institutions. Baker & Taylor, based in Charlotte, NC, will continue to operate as before, serving customers through its existing management team and business operations.

“Acquiring Baker & Taylor marks a major milestone for Follett that expands the possibilities of our two businesses,” said Todd A. Litzsinger, Chairman of Follett. “Through our support of schools, public libraries, colleges, local bookstores and retailers, our teams are uniquely positioned to help communities everywhere strengthen literacy and learning. On behalf of the Follett family, I’m excited and proud to welcome the Baker & Taylor team to Follett.”