Springer Science+Business Media (Springer) announced today that a successful agreement has been reached for the sale of its 100 percent stake in Finlayson Media Communications (FMC). The stake is being sold back to its founder, Ken Finlayson, who will continue the business independently.
FMC is the leading communications company operating in the UK dental sector. FMC produces a variety of market leading titles, conferences and events and also has a direct marketing division which works with dentistry’s leading companies. The company also runs the leading website for UK dental professionals. The titles, ranging from the biggest circulation magazine in the market, Dentistry, to the prestigious subscription-only journal Private Dentistry and major internet sites provide comprehensive coverage of UK dentists.
Springer Science+Business Media (www.springer.com) is a leading global scientific publisher, delivering quality content through innovative information products and services. The company is also a trusted provider of local-language professional publications in Europe, especially in Germany and the Netherlands. In the science, technology and medicine (STM) sector, the group publishes around 2,000 journals and more than 6,500 new books a year, as well as the largest STM eBook Collection worldwide. Springer has operations in about 20 countries in Europe, the USA, and Asia, and more than 5,000 employees. In 2009, it generated annual sales of around EUR 859 million.