I had a meeting last Friday (8th November) which involved Roger Johnson, who has been heavily involved in the IFIP publications saga.

He said that Yana Lambert believed that the sale to the venture capitalists was the best option for KAP.

It remains to be seen whether the sale will deal with our other concerns.

Peter

-----Original Message----- From: Augusto Casaca [mailto:augusto.casaca@inesc.pt] Sent: 14 November 2002 09:43 To: TC6 Subject: [ifip-tc6] FW: [IFIP] Kluwer sold to Candover and Cinven

-----Original Message----- From: owner-ifip_ga@ifip.or.at [mailto:owner-ifip_ga@ifip.or.at]On Behalf Of Plamen Nedkov Sent: quinta-feira, 14 de Novembro de 2002 09:05 To: GA&MS&WG Subject: [IFIP] Kluwer sold to Candover and Cinven

To: IFIP GA reps., TC & WG Chairs cc. IFIP Member Societies Subject: IFIP's publisher continues under ownership of financial investors

Wolters Kluwer has decided to sell Kluwer Academic Publishers (KAP) to Candover and Cinven, two private equity funds based in London. KAP will continue its activities as they are right now, meeting the needs of its customers, authors and other stakeholders. Candover and Cinven are highly enthusiastic about KAP's prospects as a business in its current form and under the leadership of the existing management team. They wish to provide KAP with the financial resources it needs to grow and thereby participate in its success, together with its management and employees. A small part of KAP's management is investing alongside Candover and Cinven, underlining the belief in a healthy development of the company.

KAP is the principal IFIP publisher since 1998 when Wolters Kluwer purchased Chapman & Hall.

* * *

New IFIP titles are announced at http://www.ifip.or.at/mail/maillist.html The KAP sites for the IFIP series are at http://www.wkap.nl/prod/s/IFIP and http://www.wkap.com/ifip The IFIP Publications Portal is at http://www.ifip.or.at/dl.htm

-------------------------------- Plamen Nedkov Executive Director, IFIP Hofstrasse 3, A-2361 Laxenburg, Austria Tel: +43 2236 73616 Fax: +43 2236 736169 http://www.ifip.org/

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