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Business News Deals Labels & Publishers
Rough Trade distribution has MBO
By CMU Editorial | Published on Wednesday 21 January 2009
More indie distribution news for you, and Netherlands-based Rough Trade Distribution, linked back in the day to the London based record shop and label but long since a separate entity, has been bought out by its management.
The indie distributor was most recently owned by Bertelsmann’s logistics business Arvato (who used to own Pinnacle before its management buyout this time last year), but the company’s managers, Kees van Weijen and Paul Davies, yesterday announced at MIDEM that they have bought the distributor of its parent company.
They will continue to work with Arvato, though, with the bigger company providing actual physical distribution services.