Ingram Content Group has sold its library supply business Coutts Information Services to ProQuest.
The acquisition, which also includes the platforms MyiLibrary and OASIS, is expected to close within the next few weeks.
ProQuest is an information and technology company based in Michigan in the US.
Coutts’ staff in Ringwood in the UK, La Vergne in the USA, and Nijhoff in the Netherlands, as well as remote staff, will be “invited to join the ProQuest team”.
Kevin Sayar, ProQuest senior v.p. and general manager, books, will lead the Coutts’ team. ProQuest will also take ownership of the Ringwood and Nijhoff facilities.
Ingram will play a continuing role in print fulfillment in North America, supporting ProQuest with its print inventory, on-demand print capabilities and delivery network.
ProQuest said the acquisition would not affect any of its partnerships or e-book initiatives, and that it was “committed to keeping the Coutts and ProQuest networks as open as possible, supporting the many platforms and partners that give librarians choices in how they acquire and manage content”.
Kurt Sanford, c.e.o. of ProQuest, said: “ProQuest has been innovating e-book workflows and systems by bringing together the best mix of titles, talent and technology.
“With Coutts and MyiLibrary joining ProQuest, we’ll accelerate these advancements by creating fully integrated workflows and improved user experiences that span print and digital. We’re delighted that Ingram will be our partner, providing the very best in print fulfillment, and ensuring libraries gain end-to-end efficiencies.”
Coutts was founded in 1969 and works with academic and professional librarians across the world.
John Ingram, chairman and c.e.o. of Ingram Content Group, said: “Since Ingram acquired Coutts in 2006, we’ve invested in the people, technology and services to support and promote the advancement of academic and professional libraries. ProQuest is the perfect home for the ideas, tools and talent of Coutts to continue growing and innovating to better serve this market.
“ProQuest is very strong in digital services, and we’re excited to team up with them to create the best, full-service package for the academic library market.”
The move is part of ProQuest’s larger plans, which include development of a “fully integrated book service with simple, efficient workflows for print and electronic”.
Last week, The Bookseller looked at the changing library supply business, following Connect Books' call for a more sustainable model.