Isle of Man News - POSTED Mon 21-08-2017

AFD Group Acquires Major International Publisher

by LC

The AFD Group is delighted to announce that Lion Hudson’s excellent book publishing business will join the wide AFD family of businesses. These include several major Christian Media projects, Christian Holidays, Software Products, Technology and Facilities Infrastructure, Alternative Power Generation and Medical Devices.

Managing Director of the AFD Group, David Dorricott warmly welcomed the Lion Hudson business: “Lion products have been a high quality support to my own discipleship journey for over four decades. Alison and I are thrilled that together we can help Lion expand and develop its product range and distribution so that thousands more disciples across the world can benefit from their insights and teaching. With our three young grandchildren growing up in an increasingly secular world, Lion’s range of Children’s books seems to us to be without equal in ensuring they learn to know and love the Word of God – and get to know their saviour.”

Suzanne Wilson-Higgins, Managing Director and Caroline Gregory, Finance & Shared Services Director will become directors of Lion Hudson Limited (IOM) and the staff will transfer to the new company. “The past six months have been challenging times and we have been upheld in the Lord by the prayers of our supporters including staff, authors, illustrators and trading partners in the UK and around the world”, says Wilson-Higgins. “We are thankful for tremendous support we have received and are very pleased that a positive outcome has been achieved for the company and staff. Lion Hudson can now move forward with the robust support of the AFD Group.”

FRP Advisory’s Nigel Hamilton-Smith, joint administrator, said: “We are delighted to have helped secure new ownership for the Lion Hudson book publishing business after six months of trading through administration. In AFD Group, Lion Hudson has found the ideal owners to take forward the business, the staff and their shared values that have underpinned the journey which continues to bring so much pleasure to everyone involved from authors and agents, to readers and their families.”

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