CorporateHealthInvestorsSeptember 04, 2019

Wolters Kluwer completes sale of allied health titles

Wolters Kluwer Health has completed the sale of certain allied health titles to Ascend Learning, LLC. The titles were part of the Health Learning, Research & Practice (HLRP) business and include print and digital books in specialties, such as dental hygiene and massage therapy.

The divestment will better align our HLRP content portfolio for growth in our core medicine and nursing segments. The assets to be sold generated revenues of approximately $11 million (€9 million) in 2018. No employees will transfer to the new owner.

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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