Wolters Kluwer successfully completes acquisition of De Agostini Professionale and Utet Professionale in Italy

Wolters Kluwer reached an agreement on the acquisition of De Agostini Professionale and Utet Professionale in January 2005. This agreement now has been completed, following review and approval by antitrust authorities.

 

De Agostini Professionale and Utet Professionale are leading publishing companies with total revenues of approximately €70 million and 160 employees, and enjoy an excellent reputation in the legal, tax, and business markets with well established brands as De Agostini Professionale, Utet Professionale, ETI, and Leggi d'Italia.

 

"The acquisition of De Agostini Professionale and Utet Professionale creates many opportunities for Wolters Kluwer to expand into new market segments of professional publishing, such as public administration in Italy", says Rolv Eide, CEO Wolters Kluwer Legal, Tax & Regulatory Europe.

 

 

About Wolters Kluwer
Wolters Kluwer Legal, Tax & Regulatory Europe, a division of Wolters Kluwer, focuses on the growth potential of six customer segments: legal; fiscal/financial; human resources; public & government administration; health, safety & environment (HSE); and transport. With a well-established presence in over 15 countries, Wolters Kluwer Legal, Tax & Regulatory Europe has annual revenues (2004) of €1.296 million and employs approximately 8,000 people.

Wolters Kluwer has annual revenues (2004) of €3.3 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific.

 

Yvette van Braam Morris
Communications Manager

Wolters Kluwer Legal, Tax & Regulatory Europe
t + 31 (0)20 6070 338

Investors/Analysts
Oya Yavuz
Vice President, Investor Relations

Wolters Kluwer nv
t + 31 (0)20 6070 407
ir@wolterskluwer.com

 

www.wolterskluwer.com/www.ipsoa.it/www.deagostini.it