Follett Acquires Baker & Taylor
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In a move that creates the world’s largest single distributor of curated content for librarians and educators with $3.6 billion in combined annual sales, Follett Corporation on April 18 announced the acquisition of Baker & Taylor from private equity firm Castle Harlan Partners. Baker & Taylor will continue to operate as before, retaining its existing management team and Charlotte, NC headquarters. George F. Coe, Baker & Taylor’s President and CEO, will continue to lead the division with the new title Follett Group President, Baker & Taylor and Follett School Solutions, reporting to Follett President and CEO Ray A. Griffith.
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