RE: De Gruyter buys Saur

["Hunsucker, R.L." <R.L.Hunsucker@uva.nl>]

Quite remarkable.

This is the second list on which I've seen this "news" passed on
this week (the first being, Monday, a specialist humanities
list).

The point is that this takeover occurred last summer, and was
first announced on 14 August, 2006, and covered in the German
papers (Frankfurter Rundschau, Die Welt, Stuttgarter Nachrichten,
Berliner Morgenpost, etc.) the following day. Oddly enough, it
was the 17th before it reached the Sueddeutsche Zeitung in Saur's
own Muenchen -- but it seems never to have gotten as far as the
foreign press at all.

An irony, by the way, is that ("Prof. Dr. h.c. mult.") Klaus
Saur, personally, has now *re*-acquired his old company -- seeing
that he in january of 2005, after earlier retiring, went back
into publishing as "geschaeftsfuehrender Gesellschafter" at De
Gruyter. ( His own K. G. Saur Verlag had in 1987 been taken over
by Reed Elsevier, and in 2000 sold on to the Thomson Corporation.
)  Thomson's decision to divest itself of Saur, which "no longer
fit its strategic objectives", was taken in January of last year,
and announced, with its financial results, on the following 9th
of February. There's a brief report that Saur, together with two
other Thomson Learning businesses, was for sale, in Publishers
Weekly for 27 February, 2006.

- Laval Hunsucker
   UvAmsterdam


> -----Oorspronkelijk bericht-----
> [mailto:owner-liblicense-l@lists.yale.edu]Namens Ann Okerson
> Verzonden: woensdag 4 juli 2007 22:10
> Aan: liblicense-l@lists.yale.edu
> Onderwerp: De Gruyter buys Saur
>
> Of possible interest...
>
> "Walter de Gruyter acquires K. G. Saur und Max Niemeyer
> creating the largest humanities and social sciences publisher
> in Continental Europe.
>
> Walter de Gruyter GmbH & Co. KG has with immediate effect
> acquired the complete publishing programme of K. G. Saur Verlag
> GmbH, which since 2005 has also included the programme of Max
> Niemeyer Verlag. Through this acquisition Walter de Gruyter
> will become the market leader in the subject areas classical
> studies, philosophy, German studies, linguistics and English
> and Romance studies, as well as in library sciences and general
> library reference works. The headquarters of the company will
> be located in Berlin.
>
> In the words of Prof. Dr. Klaus G. Saur, Managing Partner and
> Chief Executive: "This merger represents a publishing
> highpoint. The lists complement each other perfectly. Through
> synergies both at the editorial level and in all areas of sales
> worldwide we see extremely strong future potential."
>
> http://www.degruyter.de/rs/index_7044_ENU_h.htm
>
> ###
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