Havas Acquires Argentine House

Herbert R. Lottman -- Publishers Weekly, 5/3/1999

The Havas Group, France's expanding publisher, has increased its stake in Spanish-language publishing through the acquisition of Argentine textbook publisher Aique, number three in its field in that country, with a turnover of some $10 million and a 10% share of the educational market. The purchase was made through an earlier Havas acquisition, Anaya, number one in Spain in school publishing. Havas management in Paris intends to run Aique with its present management.

The French company, which is definitely in a growth mode, sees the Aique buy as a step in the development of a Latin American network of school and reference publishers. Havas affiliate Larousse, Latin America's market leader in dictionaries, has long been active in Spain and Mexico, with editorial and sales subsidiaries in Argentina, Chile, Colombia and Venezuela. Meanwhile, Anaya, headquartered in Madrid, is active in Argentina via trade paperback and college publisher Alianza, which operates distribution facilities throughout Latin America.

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

• Topics
• Author

Related Content

 

By This Author

• Barcelona: The Translation Market in Spain's Trade Capital
• World Education Market Set for May
• Holtzbrinck Expects Good Year
• New Date for Jerusalem Fair
• French Publishers Worry About VUP Purchase
• » MORE

PW PARTNERS