Mumbai, July 14, 2011: Repro, the end–to–end education content delivery solutions provider in print and digital media for domestic and international customers, today announced the acquisition of the India printing operations of Macmillan Publishers India Ltd. (MPIL), the subsidiary of renowned UK-based publisher. The deal to be inked by two entities also entails servicing the print requirements of MPIL in India.
Under the arrangement MPIL will outsource the printing of their education books to Repro, translating into a business of over Rs.250 crore over the next 5 years for Repro over this period. The acquisition of this printing operation in Chennai would strengthen Repro’s foothold into the South Indian market, bringing it closer to its clientele.
Established in 1892, MPIL is one of the largest educational books publishers in India. Its parent company Macmillan Ltd. UK is among the largest and best-known publishers in the world. Since over 100 years, MPIL is focused on publishing innovative, need-based, stimulating and enlightening books for Indian Education sector. It has over 3,000 titles and relationships with over 20,000 schools all over India. MPIL’s printing press in Chennai has deliverable capacity of about 6 million books annually.
With over 20 years of experience in this sector, Repro offers solutions to most of the large global education publisher’s worldwide. With an installed production capacity of over one million books per day, Repro is one of the largest exporters of education books having a long-standing relationship with Macmillan worldwide and has been servicing its requirements of education books in India, Africa and UK.
Mr. Pramod Khera, Executive Director of Repro India Limited said, “With this alliance the relationship between Repro and MPIL will be further strengthened and will position Repro as a crucial global partner for Macmillan. This should also throw–up opportunities for Repro to partner with Macmillan globally.”
Mr. Rajiv Beri, MD at Macmillan Publishers India Ltd. said, "Printing is not our core activity and we would like to focus on publishing growth. This is a strategic decision which will further consolidate our investments and energies in development and delivery of quality, need based content. We are delighted to have Repro as a partner who we believe share our culture, and quest for excellence. Also we are confident under Repro our printing operations will get the required attention, investment, and focus on workers' welfare"
About Repro India Ltd:Repro India is a Mumbai based value added print solution provider, with a client base of more than 200 domestic and international customers. Repro is one of the largest and fastest growing companies of its kind in India and has garnered a position of leadership in global education segment.
Repro has undergone a metamorphosis to becoming an integrated Content Creation, Aggregation & Dissemination Solutions organization operating in the Global Education space. Repro offers a complete package of Integrated Solutions for the education publishing clients that include all processes required to place content in the end user’s hands in the form of books – both in the physical & digital forms.
Repro counts Education Publishing giants such as Macmillan, Pearson, Oxford, Longman, Cambridge, McGraw-Hill, World Bank, UNICEF among others as its key clients. Today nearly 60% of its business comes from exports, serviced from two state-of-the art facilities in Navi Mumbai & in the Sachin SEZ at Surat.
Repro, for the last 4 years, has been awarded the largest exporter of books from India award from Capexil. Repro is also certified for ISO 9001-2008, ISO 14001-2004, FSC®, PEFC, SEDEX for the Quality, Environment and Social Compliance practices.
For further information, please contact:
Mr Vikram Shirur
Mr. Devraj Uchil