Paternoster sold to Koorong
Posted on December 24, 2009
Filed under News
“Press Release: Carlisle December 21st 2009
The Board of Trustees and Senior Management of leading Carlisle-based Christian Charity, IBS-STL UK, formerly known as STL are pleased to announce the sale of two of its three trading divisions: Authentic Media and STL Distribution…
Authentic Book Publishing and 8 Wesley Owen Stores (Bath Birmingham, Bristol, Bromley, Coleraine, Derby, Glasgow and York ) have been sold to Koorong, which is owned by the Bootes family. Based in Sydney, Koorong has 18 stores operating successfully throughout Australia. It has purchased all of the Authentic and Paternoster intellectual property and author contracts, the freehold properties in Glasgow and York, the Wesley Owen trading name, and the domain name, wesleyowen.com. They plan to continue to operate from the Milton Keynes area.”
– from the Church Times blog. (Image: STL Distribution)
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