Academic publisher De Gruyter, Germany, has announced the acquisition of two academic publishers with a long and rich tradition - Akademie Verlag, based in Berlin, and Oldenburg Wissenschaftsverlag, based in Munich. Both companies were acquired retroactively as of January 1, 2013 from Franz Cornelsen Bildungsgruppe, which is seeking to streamline its business.
Together, Akademie and Oldenbourg published 44 professional journals and some 400 books in 2012, including the Complete Works of Marx and Engels, the Collected Letters of Gottfried Wilhelm Leibniz, several recognised classics in business economics, and the renowned Tusculum Collection. The entire backlist of both publishing houses comprises some 4,000 titles.
De Gruyter will preserve the offices of the acquired companies in Berlin and Munich, as well as the group representatives in Basel, Boston, and Peking.
