The Bookseller’s Tom Tivnan reports that Taylor & Francis Group has acquired two US publishers, Productivity Press and Haworth Press, for undisclosed sums. The deal for Productivity was finalized last week and the Haworth acquisition is expected to go through in about a month pending regulatory approval.
Roger Horton, T&F CEO said: “These are both bolt-on niche businesses that will integrate very well into the business. We are not in the position of just acquiring to acquire. I am looking for business that add to our core strategy.” The moves are part of T&F’s and parent Informa’s strategy to increase its US presence. In October last year it acquired the US academic behavioural sciences publisher Lawrence Erlbaum Associates for a rumoured $70m.