Follett Corporation has acquired Baker & Taylor, LLC, a 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 provider of technology, services and print and digital content to PreK-12 libraries, schools and higher education institutions. Baker & Taylor, based in Charlotte, N.C., will continue to operate as before, serving customers through its existing management team and business operations.
George F. Coe, Baker & Taylor's President and Chief Executive Officer, will continue to lead the business as Follett Group President, Baker & Taylor and Follett School Solutions, reporting directly to Ray A. Griffith, President and Chief Executive Officer of Follett. Coe joined Baker & Taylor in 2000, and was instrumental in developing Baker & Taylor's Customized Library Services, Digital Media and eContent Platform Delivery Services and outsourcing capabilities in Collection Development Services.
Follett also announced that Nader Qaimari has been promoted to President of Follett School Solutions, reporting to Coe. Qaimari was named General Manager of Follett's PreK-12 business in October of 2015.
In addition to providing customers access to curated content from thousands of publishers and sources, Follett and Baker & Taylor are recognized leaders in the delivery of library management and collection development technology tools to public and school libraries.
Brought to you by Scope e-Knowledge Center, a world-leading provider of metadata services, abstraction, indexing, entity extraction and knowledge organisation models (Taxonomies, Thesauri and Ontologies).