Lector Capital Acquires Audax Group, Strengthening Retail Presence

Lector Capital has announced its acquisition of Audax Group, a prominent entity in the retail, distribution, and publishing sectors in the Netherlands. The deal, finalized on January 20, 2026, signifies the completion of a financial restructuring process for Audax, which has been a key player in making books, magazines, and related media accessible to millions.

Audax operates well-known brands such as Bruna, ReadShop, Betapress, and Audax Publishing. The acquisition by Lector Capital aims to strengthen these core activities while also focusing on targeted investments in innovation and digitalization. As part of this new phase, Audax plans to integrate a travel brand into its offerings, enhancing its market presence.

Lector Capital, a Dutch investment consortium, comprises experienced entrepreneurs and investors with expertise across various sectors, including retail, travel, hospitality, real estate, and media. The consortium is known for its active investment approach, emphasizing sustainable growth and innovation.

Paul Sies, representing Lector Capital, will join Audax’s board as Chief Restructuring Officer (CRO). In this role, he will oversee the execution of the new strategy and guide Audax through its next developmental phase, collaborating closely with the existing management team.

Hans Willem Cortenraad, CEO of Audax, expressed optimism about the acquisition, stating, “With the acquisition of Audax by Lector Capital, we close an uncertain period of more than three years. Reaching agreements with the Dutch Tax and Customs Administration and the Employee Insurance Agency regarding debts incurred during the COVID period was a key precondition. With this new owner, we now have the stability and headroom to look forward again.”

Paul Sies added, “We are excited to have acquired the Audax Group. Audax has strong brands, a rich history, and highly committed people. We have developed detailed plans for the future, with renewal, digitalization, and cross-fertilization with other parts of our group at the heart of our strategy.”

The acquisition is expected to enhance Audax’s market position in the Dutch retail and publishing sectors, with potential for geographic expansion into European markets. The integration of a travel brand and the enhancement of digital content are also anticipated as part of the strategic growth plan.

Looking ahead, Lector Capital and Audax will focus on aligning corporate cultures, managing leadership transitions, and integrating technology platforms to ensure a smooth transition. The acquisition may also prompt competitors to pursue similar partnerships to bolster their market positions.