The Deal Franz Cornelsen Education Group, the leading publishing group and provider of education services with headquarters in Berlin, has signed an agreement for the sale of its two academic publishers Oldenbourg (Munich) and Akademie Verlag (Berlin) to Berlin-based Walter De Gruyter Group.Sale of Oldenbourg Wissenschaftsverlag and Akademie Verlag (academic publishing) to the publisher Walter De Gruyter. IEG – Investment Banking Group organized the international sales process as exclusive M&A advisor to Franz Cornelsen Education Group. The tasks entailed: Analysis of process options available and optimum selling strategy, valuation of assets / activities for sale, co-ordination and management of the entire process (sale within a limited auction process).

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The Client Franz Cornelsen Education Group is one of Germany's largest publishing groups and a leading provider of education services, creating and distributing educational materials for a market which extends from pre-school education to vocational training. The publishing programmes of the individual companies in the group are coordinated such that the group is today able to offer the ideal educational material for every learning situation. The group is, furthermore, active beyond Germany's borders.

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