Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Publishing
Private
Germany
Domestic
Completed
Majority
Friendly
book publishing
Synopsis
Unigestion, an investment management company, completed the acquisition of Springer Fachmedien München, a publishing company, from Springer Nature, a German-British academic publishing company. Financial terms were not disclosed. “We were attracted by the company’s leading position as well as its differentiated business model, which fits our investment strategy very well. From an ESG perspective, TecVia creates a direct benefit for society by providing quality education. We are pleased to support TecVia’s continued growth path, as an independent company in the future," Philipp Scheier, Unigestion Partner.
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