MacMillan, publisher of Nature, merging with Springer
DOI: 10.1063/PT.5.028571
Science : MacMillan Science and Education, the London-based publisher of Nature and Scientific American, is owned by Holtzbrinck Publishing Group in Germany. Berlin-based Springer Science+Business Media, purchased in 2013 for nearly $3.8 billion by private equity firm BC Partners, is one of the world’s largest science, technology, and medicine publishers. Yesterday, the two publishers announced that they would be merging in a deal that would see Holtzbrinck maintain 53% ownership of the joint company with BC Partners holding the rest. Combined, they estimate annual sales of $1.75 billion, a market value of more than $5.8 billion, and more than 13 000 employees. Ewald Walgenbach of BC Partners says the goal is to sell the company, most likely as a publicly traded company, within the next few years.
