Swets acquires law content expert
Royal Swets & Zeitlinger has completed the acquisition of Jongbloed, which it describes as a leading expert in the supply of legal, fiscal and accountancy content. The arrangement will see Swets take control of the entire Jongbloed company, including both of its physical bookstores in The Hague and Leiden as well as its online stores www.jongbloed.nl and www.jongbloedjuridica.nl. Jongbloed will remain an independent entity under Swets’ umbrella.
According to the company 'combining Jongbloed’s experience and expert knowledge of the legal and book markets with the global infrastructure and knowledge of the Swets group, will create a platform for growth that aims to strengthen Jongbloed’s position at the forefront of the legal market with a broader service offer and expand its overall reach'.
'We found a kindred spirit in Jongbloed,' said David Main, CEO at Swets. 'Their strong reputation helped to solidify our decision to acquire the business and their philosophy, attention to detail and drive for customer excellence mirrors our own This acquisition gains us a strong foothold into what is a relatively new market for us. We aim to leverage the expertise and knowledge contained within both companies in order to innovate further, particularly in relation to books and eBook content. We look forward to developing a new range of benefits, both in content range and shared services, for our joint customer base.'
'Swets offers the welcome scenario for the future which Jongbloed was looking for,' added Ab Jongbloed, selling shareholder of Jongbloed. 'This era, with its revolutionary developments in the area of technology and information supply, asks for adjustments and investments that organisations of Jongbloed’s size can no longer create independently at the necessary rate. Swets’ global scale and excellent reputation, combined with the knowledge and specialism of Jongbloed, offer a promising and successful collaboration. That Jongbloed can continue to grow as the specialist in legal and fiscal information as an independent entity, and moreover with the continuity of the Jongbloed organisation safeguarded, gives confidence for the future.'