Publisher John Wiley & Sons, Inc. has announced that Fernhust Books has acquired assets from its nautical consumer publishing program. The terms of the acquisition, which closed May 31, 2013, were not disclosed.
Fernhurst acquired the digital and print assets for about 180 Wiley titles from its consumer nautical publishing programs. Among the titles purchased are such classics as the bestselling Rules in Practice, the Ultimate Adventure series and Cruising Companions.
It is the fifth and last sale associated with Wiley's planned consumer asset divestiture, which was first announced in March 2012. Those assets included consumer print and digital publishing programs in travel (including the well-known Frommer's brand), culinary, general interest, pets, crafts, Webster's New World, and CliffsNotes. On August 30, 2012, Wiley completed the sale of all of its travel assets, including the Frommer's brand, to Google. On November 6, 2012, Wiley completed the sale of its culinary, CliffsNotes, and Webster's New World Dictionary consumer publishing programs to the Boston-based global learning company, Houghton Mifflin Harcourt (HMH). On April 3, 2013 Wiley completed the sale of its pets, crafts and general interest consumer program to Turner Publishing; and on the following day HarperCollins Canada completed the purchase of select titles from Wiley Canada.