Navneet Education
range of Non-Paper Stationery FfUuNn Pencils. Over the
Special Feature
acquires Britannicas India
curriculum business
By partnering with Navneet,
Britannica Indias curriculum
business will expand its
product range and further
accelerate its growth
20 - PSS - OCTOBER 2016
Navneet Education has acquired Chicago-
based Britannicas Indian curriculum business
for Rs. 88 crore. Under the agreement, the
current Britannica business unit will become
an independent company within Navneet and
realise considerable synergies with Navneets
larger Indian group, Naveneet Education said in a
statement.
Britannica Indias curriculum division designs
and develops educational products for the Indian
region used by nearly five million students
across India and Indian schools abroad.
The company will market Britannicas existing
India-specific curriculum titles, such as Know
for Sure and The English Channel as well the students, teachers and schools of India,
as develop new titles under Britannicas brand,
editorial supervision and guidelines for seven
years.
By partnering with Navneet,
Britannica Indias curriculum
business will expand its
product range and further
accelerate its growth, it
added. The coming together
of the two companies will help
enhance Navneets
footprint and
access to newer
markets. It will
also significantly
augment
Navneets
intellectual
property,
Navneets
Director Anil
Gala said.
The coming together
of the two companies will
help enhance Navneets
footprint and access to
newer markets. It will
also significantly augment
Navneets intellectual
property.
Mr. Anil Gala,
Director, Navneet Education.
Britannica will continue to offer in the region
its digital education solutions. We look forward
to a fruitful collaboration and partnership. We
intend to work closely with Navneet to find ways
to benefit from our shared commitment to serve
Britannica President Jorge Cauz said.
Navneet Education Limited
Navneet Education Limited founded by the Gala Family- is
an educational syllabus based content provider in print &
digital medium, manufacturer of scholastic Paper stationery,
publisher of general & children books and also has a wide
range of Scholastic Non-Paper Stationary products.Over the
decades, Navneet has emerged as the preferred brand for
Educational Products among teachers and students in India.
Its products are sold under the brands Navneet, Vikas,
Gala, Grafalco, FfUuNn and Boss. serve the students, teachers
In 1993, the company saw promise in the export of
Stationery products, for which it now has state-of-art
manufacturing facilities in Virar (near Mumbai), Guma,
Dantali and Silvassa (Union Territories bordering Maharashtra
and Gujarat). In the same year Navneet launched its paper
stationery products for the domestic market. The product
range included tight bound note books, long books, hard case
bound books and drawing books. In 2006, with the success
of its Paper Stationery products, Navneet launched its first
years the Company has added many products to this brand
such as erasers, sharpeners, rulers, compass boxes & art
materials etc.
Special Feature
In 2011, Navneet ventured into Direct Education / School
Management Business by acquiring a minority stake in a
School Management Company in Andhra Pradesh. Today it
has 61 State Board Schools under the name of Gowtham
Model School in Andhra Pradesh and 12 CBSE Schools by
the name of Orchids the International school.Of these 12
schools, 5 are in Bengaluru & 4 in Mumbai & 1 each in Navi
Mumbai, Pune & Hyderabad.
About Encyclopaedia Britannica, Inc.
Britannica, Inc. is a global leader in education publishing
whose products are available in many media, including
online and mobile devices. A pioneer in digital publishing
since the early 1980s, the company markets a variety of
curriculum products for schools, language-study courses,
online learning services, encyclopedias and other reference
works and language products through its Merriam-Webster
subsidiary. The company is headquartered in Chicago.
Source: www.indianexpress.com
We look forward to
a fruitful collaboration and
partnership. We intend to
work closely with Navneet
to find ways to benefit from
our shared commitment to
and schools of India.
Mr. Jorge Cauz,
President, Britannica.
OCTOBER
AUGUST 2016 - PSS - 21
27