International medical and science publisher Thieme will acquire Stuttgart-based publishing house Schattauer Verlag, effective on January 1, 2017. Schattauer's owner and CEO Dieter Bergemann will retire from the business at age 79. Established in 1949 by Friedrich Karl Schattauer as an academic publisher for medicine and science, Schattauer's nationally and internationally well-established portfolio today includes 21 journals and 1,200 print and digital books.
Georg Thieme Verlag, which was established in 1886 in Leipzig, has much in common with Schattauer. Both focus on medical publishing, both have always been owner-managed, and both have been operating from Stuttgart for decades.
Journals, such as Thrombosis and Haemostasis, Arthritis und Rheuma, Nervenheilkunde, and Kinder- und Jugendmedizin, as well as numerous classic clinical medicine reference works form the pillars of Schattauer's portfolio, which is managed by a staff of 60 and currently generates approximately 10 million Euros in annual sales.
The acquisition will be effective following German antitrust approval.
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