11 Mar 2013
HARRISONS ADMINISTRATORS have arranged pre-pack sale of publishing company Scala.
Tony Murphy (pictured) and Paul Boyle, both from Harrisons Business Recovery, were appointed joint-administrators to Scala Publishers which has offices in London and New York.
Further reading
The company was sold to Channon Education, saving all eight employees from redundancy.
Scala was established 40 years ago and worked closely with the National Gallery and other museums and art gallerys to produce "reasonably" priced guide books and exhibition catalogues. However, the last few years have seen sales fall due to tough economic conditions.
Murphy said: "I am delighted with the sale of Scala Publishers through the administration process and pleased to advise that key personnel and management at the company will remain unchanged, ensuring a smooth transition.
"Channon Education has committed significant funds towards the future development of the company. This is good news for Scala Publishers as there are plans afoot to expand and build upon its already solid foundations within the museum, gallery and heritage site market."
You may also like
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
Visitor comments Add your comment