LexisNexis announces its intention to acquire Jordan Publishing
Combined resources will create greater customer value and depth of content across a variety of practice areas
LONDON, 9 July 2015 - LexisNexis UK (www.lexisnexis.co.uk) a leading provider of content and technology solutions, today announced its intention to acquire Jordan Publishing, a legal publisher in the UK. The transaction is subject to regulatory review and certain other customary conditions.
The Jordan Publishing business and its content offering, including flagship titles such as Family Court Practice, are highly complementary to LexisNexis’ UK portfolio. While LexisNexis will continue to offer Jordan Publishing’s portfolio of print titles, the value of this transaction to customers is expected to unfold in the evolution of online.
LexisNexis has an extensive suite of online solutions, and the acquisition will allow both Jordan Publishing’s and LexisNexis’ customers to have access to a larger and deeper range of complementary content and products. The combined offerings will improve flexibility and choice for customers, taking into account diverse customer needs and budgets.
Christian Fleck, Managing Director of LNUK, comments “Combining the two businesses will create value for customers by providing additional flexibility and choice. We are excited about the prospect of welcoming Jordan Publishing’s employees, authors and customers to the LexisNexis family pending regulatory approval”.
Richard Templeton, Chairman of The West of England Trust Limited, the owner of Jordan Publishing, said today “Over the years we have created a very successful and proﬁtable business but we now recognise that new technology is driving fundamental changes in how the business operates and meeting successfully this challenge for our customers and employees will be better provided within a larger entity such as LexisNexis.”
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organisations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries
In the UK, LexisNexis www.lexisnexis.co.uk online legal solutions include: Lexis®PSL, Lexis®Draft, Lexis®Smart and Lexis®Library. Published resources include both Butterworths® and Tolley™.
About RELX Group
RELX Group plc is a world‐leading provider of information solutions for professional customers across industries. The group employs about 28,500 people of whom half are in North America. RELX PLC, the London Stock Exchange listed shareholding vehicle, holds 52.9% of the shares in RELX Group. RELX NV, the Amsterdam Stock Exchange listed shareholding vehicle, holds 47.1% of the shares in RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately €30bn/£21.3bn.
About Jordan Publishing
Jordan Publishing Ltd is a legal publisher in the UK. It produces highly regarded legal commentary and practical information, online and in print, for practising lawyers and other professionals. The Jordan Publishing portfolio includes looseleaf works, legal journals, law reports, a variety of books and a number of conferences and events. Its publications cover many areas of legal practice including Company, Commercial, Insolvency, Private Client, Employment, Personal Injury and Family Law.
About The West of England Trust Limited (“WET”)
WET is a holding company whose other interests apart from Jordan Publishing are Jordans Limited and Jordans Trust Company Limited.
Jordans Limited is one of the UK’s leading providers of corporate and legal services to professionals. It is a leading expert in company formations, forming over 25,000 UK companies every year; building on a successful corporate governance business, it formed Jordans Corporate Law Limited in September 2013 focusing on high quality, non-contentious corporate and commercial legal advice and services. Through its comprehensive database on all UK and Irish companies, Jordans data underpins some of the world’s leading business analysis products and its reports, including property searches, are widely used by professional firms.
Jordans Trust Company Limited is a Trust and Corporate Services Provider with a head office in Bristol and offices in the key offshore centres of Jersey, British Virgin Islands, Cyprus, Seychelles and Hong Kong. It establishes and administers UK and offshore companies, trusts, foundations and partnerships for those concerned with international trading and investment activity, wealth consolidation and succession planning. Professional intermediaries, their clients and high net-worth individuals receive a comprehensive range of support services, including management and banking services, the preparation and notarisation of legal documents, professional tax advice and accounting and VAT services.
LexisNexis Media Contacts
James Harper, Head of Legal
+44 (0) 207 400 2557
RELX Investor Relations
Colin Tennant, RELX Group
+44 (0)20 7166 5751
Jordan Publishing / WET Media Contacts
Richard Templeton, Chairman
+44 (0) 7785 731 130