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Swets Blackwell and Coutts swap Martinus Nijhoff books for John Smith’s subscriptions Today Coutts Library Services Ltd acquired the books division of Martinus Nijhoff International from Swets Blackwell and, as part of the agreement Swets take over the John Smith’s journal subscription business from the Coutts Group. Swets is the world’s largest provider of subscription and information management solutions allowing the John Smith’s journal subscription division to fit in comfortably with its current business. Coutts will strengthen its international library supply business with the acquisition of Martinus Nijhoff. In the short term, the priority for both Coutts and Swets is to ensure that customers are kept informed of developments and there are no disruptions to services. Ultimately, the agreement enables both companies to focus on providing their customers with better services in their respective areas of expertise. James Gray, Chief Executive, Coutts, says “We are delighted to include the Martinus Nijhoff books business as part of the Coutts Group. Both Coutts and Martinus Nijhoff customers will benefit from an even greater range of integrated services and more focused investment as a result of the two companies joining forces. This acquisition is a positive step into gaining a larger share of the European market and we are looking forward to developing this sector of our business”. Geert Visscher, CEO of Swets Blackwell, added: “We are very pleased to have acquired the journal subscriptions business from John Smith. The addition of their prestigious clients will complement and solidify our existing customer base in the UK and the rest Europe. As Swets Blackwell’s core services involve access, management and distribution of journals rather than books, this practical, logical arrangement will benefit all parties involved.”
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