CorporateInvestorsJuly 09, 2015

Wolters Kluwer to retain Transport Services

Wolters Kluwer announces that, following a strategic review, it has decided to retain its Transport Services unit.

After evaluating alternatives for the business, including a possible divestment, Wolters Kluwer management has concluded that more value can be derived from continuing the transformation of the unit. Management is confident that Transport Services, which represented 1% of group revenue in 2014 and is profitable, will successfully complete its conversion to a subscription model and grow its transport management software offering.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

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