MAIN NEWS HEADLINES
January 15-31, 2005 Edition
Harcourt Education
International Acquires
Payne-Gallway
LONDON/01/11/2005Harcourt Education International, the UKs leading school and college publisher, has announced the acquisition of Payne-Gallway, the specialist IT school and college publisher. Harcourt is the educational division of Reed Elsevier Group plc.
Payne-Gallway was set up in Ipswich in 1998, by Pat and Oliver Heathcote, to publish IT and computing textbooks for schools and colleges. Payne-Gallway now publishes over eighty books and electronic resources to support ‘A ‘ level and GCSE IT and computing courses, vocational IT courses and IT skills development. With Pats teaching background, Payne-Gallway has established strong brand recognition in the UK schools market and is well known for its quality of writing, design, and match to exam specification.
Pat Heathcote, Managing Director, Payne-Gallway said This is a fantastic opportunity for Payne-Gallway and its customers. The support of Harcourt’s editorial, marketing and production teams will enable us to expand our list of Computing and IT books to meet the ever-changing demands of new courses and specifications, while retaining the special quality for which we have become well-known. I look forward to the future development of our range with tremendous excitement and enthusiasm.
Paul Shuter, Managing Director, Harcourt Education UK said We are absolutely delighted to be working with Pat Heathcote and recognise the high quality of authorship and the perceptive understanding of teaching and learning of IT inherent in Payne-Gallways publishing. With the Governments focus on 14-19 curriculum development, in particular the importance of developing students functional and academic IT capability, the acquisition of Payne-Gallway will enable us to grow more rapidly in both the school and college markets.
Following acquisition, Harcourt Education will retain Payne-Gallway as an independent imprint, with all design, production and other publishing operations integrated into Harcourt Educations Oxford-based business. Pat Heathcote will continue to write and will become Editor in Chief for Payne-Gallways future publishing. Customer orders and enquiries should continue to be sent to BEBC in Poole, Dorset under existing arrangements.
The shareholders of Payne Gallway were represented by The van Tulleken Company
About Harcourt
Harcourt Education International publishes materials for primary, secondary and vocational students and resources for educational professionals around the world, under the Heinemann, Ginn and Rigby brands. The group has publishing operations in the UK, Australia, New Zealand, and Southern Africa. For further information, please visit www.harcourteducation.co.uk.
About Reed Elsevier
Reed Elsevier Group plc is a world leading publisher and information provider. It is owned equally by its two parent companies, Reed Elsevier PLC (NYSE:RUK) and Reed Elsevier NV (NYSE:ENL). Operating in the scientific, legal, educational and business-to-business sectors, Reed Elsevier provides high value and flexible information solutions to professional end users, with increasing emphasis on Internet delivery. In 2003 revenues were £5 billion. The group employs 35,000 people in over 200 locations worldwide
