Gummerus bought by the audiobook giant Storytel

One of the four stakeholders of Helsinki Literary Agency, Gummerus Publishing, has been acquired by Swedish company Storytel, focusing on selling audiobooks and e-books. Gummerus is the third largest, as well as one of the oldest Finnish publishers. Gummerus releases ca. 200 Finnish and translated titles a year; among the most renown of its authors are Minna Rytisalo, Sisko Savonlahti, Pauliina Rauhala (all represented by HLA), Jojo Moyes, Clare Macintosh, Nora Roberts and Michael Connelly.

Gummerus continues running as an independent member of Storytel under the leadership of the current CEO Anna Baijars.

Storytel is a leading audiobooks service in the Nordics, and it also operates in several countries in Europe, Asia and South America. In addition to Gummerus, Storytel owns several other significant nordic publishers; in 2016, the company drew attention by buying Nordstedts, the oldest publishing house in Sweden.