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Smiths News buys Dutch book wholesaler

Smiths News, the newspaper and book distributor, has bought Dutch book wholesaler Houtschild Internationale Boekhandel BV from Blackwell for 700,0000 euros.

Houtschild supplies of books and journals to academic libraries and government Institutions across Northern Europe. In the year ended 30 June 2011, it generated revenues of 4.9m euros.