University Press buys Dundee publisher
Edinburgh University Press has acquired the business and publishing assets of Dundee University Press for an undisclosed sum.
The acquisition is in line with Edinburgh University Press’ current strategy to grow its academic publishing business particularly in the textbook area and to consolidate its position as the leading academic publisher in Scotland.
This is an excellent and exciting development for Edinburgh University Press. The Dundee University Press list complements our own and will underpin our commissioning particularly in the area of law. They also have a focused and excellent list in Scottish History which will sit well with our books in this field. There are numerous opportunities for us to grow the list – particularly in the textbook and digital areas.
The acquisition comes as Edinburgh University Press, a wholly owned subsidiary of the University, announced book and journal revenues of over £2.37 million for the year ending 31 July 2013 - 7% ahead of last year. Profit before interest was £197,000 - down on 2012 due to continued investment in the editorial & marketing areas.
Greater market reach
Professor Christopher Whatley, Director of Dundee University Press, said that, while regretting the disappearance of a company that has made great strides in a very short period of time.
It is clearly in the interests of our authors that they can now benefit from the greater market reach that EUP has. EUP’s reputation is another powerful attraction for this move. The scale of EUP’s operation is such that the areas in which DUP has created a presence can grow much faster than DUP – a much smaller company – was capable of.