Moran Publishers acquires Macmillan Uganda

June 2, 2011
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, NAIROBI, Kenya, Jun 2 – Moran Publishers East Africa has set its eyes on being a publishing power house in the region after acquiring Macmillan interests in Kenya and Uganda inside six months.

Under the stewardship of Managing Director David Muita, Moran flexed its publishing muscle when it acquired Macmillan Kenya from its English owners on Christmas Eve last year.

Late in May, Moran scaled another milestone when it penned home the interest in neighbouring Uganda buying the Macmillan shareholding exclusively.

Observers see the move as an expansion which is slowly buying out Macmillan interests in the region by African business entities.

Annette Thomas, the Chief Executive of Macmillan said: “We are pleased to complete this sale to Moran Publishers as empowering strong and locally-directed educational businesses in Africa.

“The Ugandan market will provide great opportunities for Moran Publishers to have a substantial presence in East Africa.”

Said Mr Muita: “After well over 30 years of distinguished educational publishing for Ugandan schools, the company is now well-placed to move forward under the direction of its local management and ownership of Moran Publishers.”

Moran Publishers, Mr Muita, said was building on the legacy of its predecessor Macmillan of developing local capacity, through training and hands-on experience, which has produced some of the most skilled publishing executives across Africa and beyond.

“We assure our clients in Kenya and Uganda and the entire East Africa Community that we will maintain the high quality standards previously associated with Macmillan brands,” Mr Muita added.

The company is  a market leader for  atlases, revision books, wall maps, charts and dictionaries.
 

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