MPS Limited has reached a definitive agreement to acquire Element, a U.S.-based, full-service editorial, design, and production service provider to the K-12 publishing market.The acquisition is subject to regulatory approval and customary closing conditions.
Nishith Arora, CEO of MPS stated:“We are delighted with this acquisition and the opportunity that this presents to both MPS and Element. Educational publishers will benefit from the wider range of services that Element will now be able to offer by leveraging on MPS, and we will support Element completely from our multiple business units to create compelling solutions for K-12 publishers.”
