[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

News Items: American Anthropolotical Assn & Swets



Of possible wide interest. Ann Okerson

***

1.  According to the Chronicle of Higher Education, the American 
Anthropological Association apparently will move its journals and 
archives to a new publisher. (See item 
<http://chronicle.com/news/index.php?id=2886?=atnb> )

2.  Press release announces Swets is purchased by new owners.

*****

August 21st, 2007

Gilde acquires Royal Swets & Zeitlinger

Royal Swets & Zeitlinger is pleased to announce that its current 
group of shareholders have agreed to sell 100% of the shares in 
the company for an undisclosed amount to the Dutch-based 
investment firm Gilde with participation from Swets's executive 
management.

After several consecutive years of very strong performance, and 
seeing the company well positioned for long term growth, the 
current shareholders of Royal Swets & Zeitlinger decided earlier 
this year to sell their equity holdings. "We are immensely 
impressed with how Arie Jongejan, Swets's CEO, and his team 
turned the company around to its current state of robust 
financial health," said Roelof Prins of NPM Capital, one of 
Swets' major institutional shareholders.

"The management of Swets is grateful for the support that it has 
received from its financial and family shareholders over the 
period of their involvement and is very satisfied with the 
progress we have achieved in recent years,: commented CEO Arie 
Jongejan. "Swets has entered a new phase in which it is driving 
an aggressive growth strategy which involves geographic 
expansion, large scale sales force increases coupled with 
continuously improving customer and publisher service levels. It 
is in this strategic context that the management is looking 
forward to working with Gilde to further accelerate its 
aggressive growth strategy," he continued.

"The Swets management team has a proven track record in 
delivering material improvements in the performance of the 
business over time. The fact that the senior management has 
partnered with us in acquiring this business reflects their 
commitment and belief in the future growt opportunities of the 
company. In addition to continuing Swets's highly effective 
strategy, we aim to further expand the business in both new and 
existing markets and with new services," said Boudewijn Molenaar, 
Managing Director of Gilde Buy Out Partners. "We look forward to 
working with Swets as it continues to grow and prosper."

About Swets

Swets is the world's leading subscription services company. We 
build on more than 100 years of experience to maximize the return 
on investments in time and money for clients and publishers in 
today's complex information marketplace. With clients in over 160 
countries and more than twenty offices around the world, Swets is 
a true 'long tail' powerhouse that provides the most 
comprehensive and sophisticated e-commerce platform currently 
available in its field.

Swets has been included in E-Content Magazine's "100 companies 
that matter most in the Digital Content Industry" for the past 
two years, and appeared at number 95 in FEM Business'"3Top 500 
Companies in The Netherlands" in 2006. We are the only 
subscription services company that is ISO 9001:2000 certified on 
a global basis - a testament to our stringent operation and 
client service procedures.

About Gilde Buy Out Partners

With funds under management in excess of EUR 1.0 billion, Gilde 
Buy-Out Partners is a mid-market buy-out investor with a 
geographical focus on the Benelux, Germany, France and 
Switzerland. We have offices in Utrecht, Paris and Zurich. To 
learn more about Gilde Buy Out Partners please visit: 
www.gildepartners.com

Contact for Royal Swets & Zeitlinger:
Arie Jongejan (CEO)
Tel: +31 (0)252 435 252

Contact for Gilde Buy Out Partners:
Boudewijn Molenaar
Tel: +31 (0)30 219 2522

####