Kluwer

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Wolters Kluwer N.V.
Type Public (Euronext: WKL)
Founded 1878
Headquarters Amsterdam, the Netherlands
Key people Nancy McKinstry (CEO), Adri Baan (Chairman of the supervisory board)
Industry Publishing, information services
Products Health, corporate services, finance, tax, accounting, law and regulatory publications
Revenue €3.413 billion (2007)1
Operating income €546 million (2007)1
Profit €918 million (2007)1
Employees 18,620 (2007)1
Website www.wolterskluwer.com

Wolters Kluwer N.V. (Euronext: WKL) is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam and are included in the AEX index and Euronext 100 index. The CEO and Chairman of the Executive Board is Nancy McKinstry.

Wolters Kluwer formed under its present name in 1987 when Kluwer Publishers merged with Wolters Samson as a defensive move against an attempted hostile takeover of Kluwer Publishers by Elsevier.2 In 2003 Wolters Kluwer sold Kluwer Academic Publishers to two private equity funds who shortly after merged it with BertelsmannSpringer to form Springer Science+Business Media.3

Contents

Divisions

The Education division was sold to Bridgepoint Capital for 700 million euros in March 2007.

Health

Wolters Kluwer provides scientific and industry information for professionals and students in medicine, nursing, health practices, pharmacy, and the pharmaceutical industry. The company division is continually growing and has recently acquired UpToDate, 12 13 an electronic clinical resource tool13.

Corporate and financial services

While primarily a publishing business, Wolters Kluwer has financial services relating to tax and compliance.14

Tax, accounting and legal professional

Wolters Kluwer maintains a diverse set of legal professional services and publications. Notably, its subsidiary One Legal LLC is becoming a pioneer in online service for court filings and other legal references. 15 16

Beyond services, Wolters Kluwer maintains a valuable alliance with Aspen Publishers.17 Under this brand they profit from the publication of academic and professional literature in the fields of:

  • Administrative Law
  • Antitrust & Trade Regulation
  • Banking Law, Finance, & Economic Forecasts
  • Bankruptcy Law
  • Business Law
  • Civil Rights Law
  • Commercial Law
  • Construction Law
  • Corporate Finance
  • Corporate Governance
  • Corporate Law
  • Elder Law & Trusts
  • Energy & Utility Law
  • Environmental Law
  • Estate & Financial Planning
  • Evidence
  • Family Law
  • Food, Drug & Medical Devices
  • Franchise & Distribution Law
  • Government Contracts
  • Health Law & Administration
  • Intellectual Property Law & Information Technology
  • Insurance Law
  • International Business Law
  • Investment Management
  • Labor & Employment Law, Human Resources
  • Law Practice Management
  • Litigation
  • Mergers & Acquisitions
  • Payroll & Social Security
  • Pension & Benefits
  • Products Liability & Safety
  • Real Estate
  • Safety & Workers' Compensation
  • Securities Law
  • Taxation
  • Telecommunications
  • Venture Capital

Legal education

Wolters Kluwer maintains an entire business practice devoted to legal education.18 That business has grown over the years through various acquisitions. These included the acquistion in 2001 of Emanuel Law Outlines 19 20 followed in 2002 by the acquisition of Casenotes, a Santa Monica legal studies publishing house. 21 These businesses continue to form an integral part of the student legal study aids available from Wolters Kluwer. 22. The content from these study aids has been integrated into a software tool called study desk that is available online. 23 24

Community work

The company is also active in community work, supporting some local organizations in their charitable giving efforts. 14

References

  1. ^ a b c d "Annual Report 2007". Wolters Kluwer. http://www.wolterskluwer.com/NR/rdonlyres/EDF20826-861D-4625-BB3C-6E93945EE8D3/0/2007ar.pdf. Retrieved on 2008-12-29. 
  2. ^ WoltersKluwer History
  3. ^ Kluwer
  4. ^ Health Division
  5. ^ www.factsandcomparisons.com
  6. ^ www.provationmedical.com
  7. ^ http://pharma.wkhealth.com
  8. ^ Corporate and Financial Services
  9. ^ Tax Accounting and Legal
  10. ^ www.aspenpublishers.com
  11. ^ Legal Tax and Regulatory Europe
  12. ^ Paula J. Hane (7 September 2008). "Wolters Kluwer Health to Acquire UpToDate". Wolters Kluwer NV. http://newsbreaks.infotoday.com/wndReader.asp?ArticleId=50618. Retrieved on 2008-09-20. 
  13. ^ a b "Wolters Kluwer Health Reaches Agreement to Acquire UpToDate". Wolters Kluwer NV. 4 September 2008. http://www.marketwatch.com/news/story/wolters-kluwer-health-reaches-agreement/story.aspx?guid={22EDF61C-A289-4301-B4CD-23DA44BBFFB1}&dist=hppr. Retrieved on 2008-09-20. 
  14. ^ a b Paula J. Hane (10 September 2008). "First East Side Savings Bank Selects Wolters Kluwer Financial Services' ComplianceOne Solution". Business Wire. http://www.marketwatch.com/news/story/first-east-side-savings-bank/story.aspx?guid={EE608671-CECB-476A-B0DE-DC3CEF4B28F7}&dist=hppr. Retrieved on 2008-09-20. 
  15. ^ "One Legal Announces Expansion of Online Court Filing Service". PRWeb. 15 September 2008. http://www.prweb.com/releases/2008/9/prweb1321294.htm. Retrieved on 2008-09-20. 
  16. ^ "Litigation Professionals Can Now File Court Documents in Nine States Using OneLegal". PRWeb. 15 September 2008. http://7thspace.com/headlines/292945/litigation_professionals_can_now_file_court_documents_in_nine_states_using_onelegal.html. Retrieved on 2008-09-20. 
  17. ^ "Wolters Kluwer". http://www.aspenpublishers.com/default.asp. Retrieved on 2008-09-20. 
  18. ^ "Aspen Publishers Legal Education". http://lawschool.aspenpublishers.com/. Retrieved on 2008-09-20. 
  19. ^ "WOLTERS KLUWER ACQUIRES EMANUEL PUBLISHING CORP.". 2001-01-31. http://www.accessmylibrary.com/coms2/summary_0286-10423239_ITM. Retrieved on 2008-09-20. 
  20. ^ "Acquisition for Wolters Kluwer". 2001-01-25. http://www.highbeam.com/doc/1G1-69554439.html. Retrieved on 2008-09-20. 
  21. ^ "Legal Study Aids Publisher Will Become Part of Aspen Publishers". 2002-03-26. http://www.accountingweb.com/cgi-bin/item.cgi?id=75989. Retrieved on 2008-09-20. 
  22. ^ "Law School from Aspen Publishers". http://lawschool.aspenpublishers.com/. Retrieved on 2008-09-20. 
  23. ^ "Wolters Kluwer at the 2007 Frankfurt Book Fair". http://www.earthtimes.org/articles/show/news_press_release,195279.shtml. Retrieved on 2008-09-20. 
  24. ^ "Study Desk demo". http://www.aspenlaw.com/Default.asp?cookie_test=1. Retrieved on 2008-09-20. 

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  • This page was last modified on 29 December 2008, at 11:54.

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