- Reed Business BV to focus on data and information solutions for professionals across many industries;
- Intention announced to divest 17 B2B community brands;
- Upon completion 93 employees will transfer to new owner B+B Vakmedianet Groep BV.
Amsterdam, 9 December 2014
The board of Reed Business BV today announced its intention to sell 17 business to business brands to B+B Vakmedianet Groep BV. The works council has received the request for advice and employees involved in these publishing activities have also been informed.
Rob Kolkman, CEO Reed Business BV, said: “Our parent company, Reed Elsevier, has successfully managed the transition from print to online publishing, and is now increasingly moving from digital content to decision-making tools. In line with this strategy, Reed Business Information Netherlands plans to focus on delivering data and information solutions to professionals across many industries.”
The intended sale includes the publishing activities of the following brands: Distrifood, Foodmagazine, Distrifood Dynamics, Food Data Services, Misset Horeca, Misset Catering, Snackkoerier, Vleesmagazine, Bakkerswereld, Bouwmachines, AMT, Logistiek, Bike Europe, Tweewieler, Controllers Magazine, Bouwplannen.nl, Overheidsplannen.nl.
In total, 93 employees will be affected. Upon completion of the sale following receipt of works council advice, these employees will transfer and become employees of Vakmedianet.
Rob Kolkman: “These 17 brands belong with a publishing or media company dealing primarily with the Dutch business to business market” said Rob Kolkman. “We are convinced that in Vakmedianet we have found a suitable new owner, with a proven, excellent track record.”
About Reed Business BV
Reed Business Information’s solutions support professionals in all aspects of their work. We help our customers to make better decisions, get better results and be more productive. For more information go to www.reedbusiness.nl
About Reed Elsevier
Reed Elsevier Group plc is a world leading provider of professional information solutions. The group employs approximately 28,000 people of whom half are in North America. Reed Elsevier Group PLC is owned equally by two parent companies, Reed Elsevier PLC and Reed Elsevier NV; the combined market capitalisation of the two parent companies is approximately £ 23 miljard / € 29bn. Its shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.
About B+B Vakmedianet
BVVakmedianet provides professional information to leading professionals in general and financial management, human resource management, health and safety, or facilities management, for secretaries, and its leading media industries as the insurance, care, installation and convenience retail via websites, email newsletters, magazines, specialist databases, books, conferences and training. For more information go to: www.vakmedianet.nl.