Exclusive negotiations underway to sell Stéphane Leduc's Editions Leduc.s to fellow French publisher Albin Michel
Stéphane Leduc, CEO and owner of Eddison Books Limited, formerly Eddison Sadd, has confirmed his intent to sell his French business Editions Leduc.s to French publisher Albin Michel early next year. Founded in 2003, Editions Leduc.s now has a turnover of approximately €10m.
Leduc is stepping away from Editions Leduc.s to concentrate on the growth and development of Eddison Books, 'lending his expertise in wellbeing, health and personal development to the UK enterprise.'
Leduc said: "I am very proud of the business expansion since the creation of Leduc 15 years ago, but equally excited about the opportunity to devote my full attention and focus to the growth and evolution of my UK business."
Lisa Dyer, managing director, said: "We are now entering a dynamic new phase and exciting times for Eddison. We will be strategically building on our highly regarded MBS publishing to continue to move forward and create innovative titles that inform, inspire, empower and transform."
Leduc bought Eddison in January 2016, then called Eddison Sadd Editions. The business was founded in 1982 as a packager; Nick Eddison retired earlier this year.
Pictured: Stéphane Leduc