HarperCollins takes full ownership of Brazil joint venture

HarperCollins takes full ownership of Brazil joint venture

HarperCollins Publishers has taken full ownership of HarperCollins Brasil after purchasing the shares owned by local publisher Ediouro.

HarperCollins will now operate independently and move its headquarters to Rio on 9th January.

“While we have enjoyed a successful relationship with Ediouro, we are very pleased to take full ownership of HarperCollins Brasil,” said Brian Murray, president and c.e.o. of HarperCollins Publishers Worldwide. “We see Brazil as an area of growth both for titles from our global imprints being published into the region, as well as for local authors. We are excited about this new structure and the new home for the organisation.”

Ediouro Group has been HarperCollins’ partner in Brazil since 2006 and in 2015 the two companies launched HarperCollins Brasil as a joint venture. They will continue to share a warehousing and logistics area in the country.