Dawson Books has begun consulting with employees after announcing major head office departments will move to Bertram’s site in Norwich.
Dawson recently merged with the Norwich-based book wholesaler after Bertrams’ parent company Smith News bought it for £20m.
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Bertrams' sales and operating profit has dropped marginally in the last year while the book wholesaler said its merger with Dawson Books will increase revenues by a third.
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Dawson Books staff will have to wait longer to hear how they will be affected by the merger of their company with book wholesaler Bertrams, which was finalised last month.
Any details about Dawson staff transferring to Norwich where Bertrams is based, or any employees who might be subject to redundancy consultations, has been put on hold for between two-three weeks while proposals are finalised, a Dawson spokesperson told The Bookseller.
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The Office of Fair Trading will not refer the merger of Bertrams and Dawson to the Competition Commission, it said today.
Smiths News Plc, which owns book wholesaler Bertrams, announced the £20m deal to buy Dawson Holdings in early June, and referred the merger to the OFT “given the size of the transaction” for its “own comfort".
Smiths News said it was pleased with the decision and is now asking Dawson shareholders to officially agree to the sale by 3pm on 2nd August.
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