Springer Announces Deal to Purchase Marketing and Publishing Services from Wolters Kluwer
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With main offices Auckland, New Zealand; Chester, U.K.; Milan, Italy and, in the U.S., Yardley, Pa., the company employs approximately 450. According to a statement by Wolters Kluwer, the sale represents 35 percent of the company's pharmaceutical-related assets.
"This acquisition will significantly strengthen our position in international corporate and healthcare markets and will also allow us to expand Springer's STM operations, not only in the Americas and Asia-Pacific regions, but also in parts of Europe where we do not yet have offices," said Derk Haank, CEO of Springer Science+Business Media. "MPS's high-quality content and services for corporate customers and academics form a perfect complement to our existing portfolio.”
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