Completion of sale of Kluwer Academic Publishers

 | Quelle: Wolters Kluwer Global Brand B.V. Wolters Kluwer Global Brand B.V.

Kluwer Academic Publishers, headquartered in Dordrecht, the Netherlands, provides the highest quality information products and services to academic and corporate researchers. Kluwer Academic Publishers operates worldwide from offices in Dordrecht, New York, Boston, London, Lancaster (UK) and Moscow. The company employs around 600 people worldwide and reported sales in 2001 of about EUR 150 million.

With the sale of Kluwer Academic Publishers, Wolters Kluwer further executes its strategic direction to concentrate on market leading core-activities.
 
Candover and Cinven, both leading players in the field of European private equity, acquired Kluwer Academic Publishers for a total enterprise value of EUR 600 million.
 
Note for the editor:
Wolters Kluwer is a multinational information services company with annual revenues of more than EUR 3.8 billion, employing 20,000 people in Europe, North America, and Asia Pacific. The company's core activities are Legal, Tax & Business, Health, and Education.
The Wolters Kluwer shares are quoted on the Euronext Amsterdam. Preliminary results will be announced on January 29, 2003. The financial results for the year 2002 will be announced on March 11, 2003.
 
Internet
www.wolterskluwer.com, www.wkap.nl, www.cinven.com
For more information, please contact:
Wolters Kluwer nv
Press:
Eric Heres, tel. +31 20 6070 335
e-mail: press@wolterskluwer.com (press)
Analysts/Investors:
Oya Yavuz, tel. +31 20 6070 407
e-mail: ir@wolterskluwer.com (investor relations)