Gordons Advises Emerald Publishing on Acquisition of Institute of Civil Engineers’ Publishing Portfolio
Tuesday 6th June 2023
Following an extensive strategic review of its business, Thomas Telford Limited, the commercial arm of the Institution of Civil Engineers (ICE), has sold the majority of TTL’s book catalogue (excluding the NEC Guides) and all journal titles and related publishing assets to Emerald Publishing.
The sale comprises 35 peer-reviewed journals, over 1,500 eBooks and 36,000 research articles dating back to 1836.
The ICE has also granted Emerald Publishing a licence to the ICE Publishing brand and ICE Name in respect of those titles and assets.
A team led by Gordons corporate partner, Duncan Firman, advised longstanding client Emerald Publishing on the deal.
Emerald Publishing and ICE will now embark on a mutually beneficial collaboration to ensure the long-term success of the publications.
Vicky Williams, CEO, Emerald Publishing, said: “As an award-winning, independent publisher of mission-driven research, Emerald Publishing is delighted to have been selected by the ICE to take forward its prestigious publishing programme.
“The respective purpose and missions of the ICE and Emerald Publishing are strongly aligned, and we both understand the pressing need for research that contributes to progress on the UN’s Sustainable Development Goals.
“Through close and ongoing collaboration with ICE we will expand the publication of new research that focuses on topics including, for example, decarbonisation, water, sanitation, clean affordable energy, harnessing data and technology for procurement, improving technical standards, and enhancing knowledge, insight and ethical understanding for researchers and practising engineers.”