Taylor & Francis plc acquires Gordon and Breach Publishing Group -- Beverly Acreman Stephen D. Clark 14 Feb 2001 16:57 UTC
-------- Original Message -------- Subject: Taylor & Francis plc acquires Gordon and Breach Publishing Group Date: Wed, 14 Feb 2001 16:34:56 +0000 From: Beverley Acreman <beverley.acreman@TANDF.CO.UK> Dear Sir/Madam *Apologies for cross posting* Taylor & Francis Group plc acquires Gordon and Breach Publishing Group Taylor & Francis Group plc are pleased to announce the acquisition of all of the publishing activities of the Gordon and Breach Publishing Group (including Harwood Academic but excluding art book and magazine publishing). Gordon and Breach publish over 250 journals and approximately 100 books each year. Taylor & Francis, academic journal and book publishers for more than 200 years, will apply their experience to the Gordon and Breach journal publishing programme to ensure that the excellent academic content is made available to the academic community in a more predictable and manageable manner. Historically, Gordon and Breach have employed a system which has enabled them to publish academic research papers as they are received, but the variable flow of papers in any given year has lead to a lack of uncertainty of cost for the subscriber. In addition, volume start dates have not necessarily been linked to calendar years. It is Taylor & Francis' intention to review the entire publishing programme in order to: o Establish the number of pages, issues and volumes in a given year o Publish volumes on a calendar year basis o Establish a fixed annual subscription price so that there is no need for supplementary billing o Consider the current and future pricing strategy o Establish online availability of all possible titles These proposed changes are designed to alleviate any of the problems that the library community, in particular, may have experienced, and to enhance the overall quality of service to subscribers. It is hoped to implement these strategies as early as possible beginning in 2002. Commenting on the acquisition, Anthony Selvey, Chief Executive of the Taylor & Francis Group, said: "Since its flotation in May 1998, Taylor & Francis has acquired five publishing groups adding over 650 journals and enlarging our book lists by more than 10,000 titles. All of these acquisitions have been earnings enhancing in the first full year, demonstrating our ability to identify, acquire and integrate complementary businesses. "The acquisition of such a complementary portfolio of journals and books further strengthens our position in many of our core subject areas and extends the base from which we can continue to build the Group organically. The purchase of G&B is consistent with our strategy of expanding our scientific, academic and professional book and journal publishing through acquisition as well as organic growth." For further information contact: Keith Courtney, Sales Director, Taylor & Francis Ltd Telephone +44 (0) 20 7842 2073 Facsimile +44 (0) 20 7842 2261 e-mail keith.courtney@tandf.co.uk Date 14th February 2001 Beverley Acreman Marketing Director Taylor & Francis Ltd www.tandf.co.uk/journals +44 (0) 171 842 2349 +44 (0) 171 842 2391 (Fax) Visit http://www.tandf.co.uk/SARA to sign up to our free table of contents alerting service