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HM Riverdeep to Buy Harcourt Education

Publishers Weekly reported last week that the HM Riverdeep Group has agreed to acquire the U.S. business operations of Harcourt Education for $4 billion. The deal, which is expected to close later in 2008, includes Harcourt's elementary school publishing businesses as well as Harcourt Trade. Harcourt Education includes the pre-K through grade 6 publisher Harcourt School Publishers; Holt, Rinehart and Winston, publisher for grades 6-12; the supplementary publisher Harcourt Achieve; and the library reference publisher Greenwood-Heineman.

The acquisition will make HM Riverdeep one of the largest educational publishing companies in the country.

 

Questions, ideas, or in need of more information? Please contact Stacey Pusey at 302-295-8349.

 

Publishers Weekly

"Deals in Textbook Business Make Irishman a Leader in U.S. Publishing"
The New York Times


 

 

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