Walter de Gruyter to acquire Koninklijke Brill for €51.5m.

Walter de Gruyter, a scholarly publishing house, offered to acquire Koninklijke Brill, a Dutch international academic publisher, for €51.5m. “Brill is a highly regarded publishing house in the Humanities and Social Sciences with a strong strategic alignment with De Gruyter, and we are enthusiastic about the clear logic of this transaction. De Gruyter and Brill are both committed to publishing excellent research, and our publishing programs complement each other perfectly . We believe combining our businesses will provide us with the scale to finance the necessary investments in technology, workflows and platforms. This will enable us to further improve the author experience and our services to libraries and academic and professional institutions worldwide. We believe the combination has the ability to accelerate our combined growth rate and we look forward to working with Brill on a clear business plan from a shared vision and joint ambition: to create the leading academic publisher in the Humanities,” Carsten Buhr, De Gruyter CEO.