Acquisition of Philip Allan Updates

Category

Lagardère Publishing

Paris, March 16, 2006

Philip Allan Updates will join Hodder Headline Group


Philip Allan Updates is an educational publisher of books and magazines, and organizer of conferences, mainly targeting the secondary school market in England, Wales and Northern Ireland. The company’s strong growth over the past few years can be attributed to the success of its book publishing business.

Philip Allan Updates will join Hodder Headline Group while keeping its name and its offices near Oxford and Burnley. The company has 57 employees and generates €10 million in sales.

The No. 2 textbook publisher in the UK’s secondary-school market, Hodder Headline is strengthening its position in a market that Arnaud Nourry, chairman of Hachette Livre, considers “a major engine of growth for Hachette. Education has been a core competency of the Group ever since it was founded”.

Philip Allan Updates Web Site
http://www.philipallan.co.uk

Hachette Livre Web Site
http://www.hachette.com

Press Contact:

Valérie Bignon - 33 (0)1 43 92 34 18 - mail: vbignon@hachette-livre.fr

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