A great ending to the sale of Storysack

International M&A specialist BCMS Corporate has completed the sale of educational book supplier Storysack together with sister company Articles of Faith to Demco Europe.

Storysack, which is based in Bury, Greater Manchester, pioneered the use of a Storysacks®as a tool to help parents and their children enjoy reading books together. Available exclusively through mail order, each Storysack®is a decorative cloth bag containing an illustrated storybook and supporting materials, including toys, to help bring the book to life. They are used widely in pre-schools and early year’s  settings throughout the UK.

Recently, the directors of Storysack, Neil Griffiths and Christine and Leslie Howard, approached BCMS Corporate to identify a buyer for Storysack and sister company, Articles of Faith.  

The new owners of Storysack and Articles of Faith are Demco Europe, a UK-based subsidiary of Demco Inc, one of the world’s leading providers of furniture for use in school and college libraries. This is the third acquisition undertaken by Demco Europe involving BCMS Corporate. Under the terms of the agreement, Neil Griffiths will continue to work with the business while Christine Howard will work only two days a week. Her husband, Leslie Howard, has retired.

Says Mac Edwards, Deal Leader of BCMS Corporate: “We’re extremely pleased to have completed the sale of Storysack and Articles of Faith. They are both strong businesses, who with the support of Demco Europe, have the potential to become even bigger in the UK, and maybe Europeat some point in the future.”

Adds Christine Howard, Director of Storysack: “Selling a business is never easy, especially one into which you have invested so much time, passion and energy, which  is why we are delighted to have found a partner in Demco Europe who shares our belief in the future direction of Storysack and sister company Articles of Faith.”