On January 15, 2015, Holtzbrinck Publishing Group (Holtzbrinck) announced that it and BC Partners (BCP) have reached an agreement to merge Springer Science+Business Media (owned by funds advised by BCP) in its entirety with the majority of Holtzbrinck-owned Macmillan Science and Education (MSE), namely Nature Publishing Group, Palgrave Mac-millan and the global businesses of Macmillan Education.
An international team of CMS led by Dr Thomas Meyding has comprehensively advised Holtzbrinck in connection with this transaction which is subject to approval by various com-petition authorities.
Upon completion of the transaction, the new group will be under joint control of Holtzbrinck and funds advised by BCP with Holtzbrinck retaining a 53% share. The joint venture will create a leading publishing group with approximately EUR 1.5 billion turnover and 13,000 employees.
CMS Switzerland: Stefan Brunnschweiler, Franziska Hammer, Philippe Fuchs (all Corporate/M&A).