Though the story was denied when it first circulated in April 2013, Penguin Random House has now officially acquired the Santillana trade book business from Spain’s challenged Prisa Group. Santillana Ediciones operates in Spain, Portugal, and Latin America, including Brazil. Santillana says in their announcement that the purchase price was 72 million euros. Penguin Random House declined to comment on Santillana’s account. PRH ceo Markus Dohle says in a note to employees, “Santillana’s outstanding publishing houses and rich frontlists and backlists make them the perfect partner for Penguin Random House Grupo Editorial, creating an unrivaled roster of Spanish and international authors that […]
