The publishing couple Wulf D. and Akka von Lucius have decided to entrust their publishing company Lucius & Lucius to new hands. Effective 1 January 2016, De Gruyter will be responsible for releasing all new books and all 18 academic journals published by Lucius & Lucius, which specializes in economics and sociology.
"After reviewing various options, we decided to sell to De Gruyter," says Prof. Wulf D. Lucius, Managing Director of Lucius & Lucius. "Ultimately, the strong affinity of our publishing activities to De Gruyter Oldenbourg was decisive; integration of our portfolio into this catalog will offer an excellent basis for its further development in an increasingly international and digital publishing environment."
The Lucius & Lucius catalog comprises some 300 available book titles in English and German as well as some 2,000 additional titles that will be obtainable through De Gruyter's E-dition program. Lucius & Lucius publishes a number of renowned journals, including the Review of Economics, the Jahrbücher für Nationalökonomie und Statistik (The Annals of National Economics and Statistics), and the Zeitschrift für Soziologie (Journal of Sociology).
"The acquisition of Lucius & Lucius will considerably enrich De Gruyter's catalog in economics and sociology. We're looking forward to nurturing and further developing the company's excellent portfolio," says Dr. Anke Beck, Managing Director of De Gruyter. She adds: "The acquisition of Lucius & Lucius will impart our catalog in economics and the social sciences with greater academic depth, and will also be a strategic enhancement to our business. We at De Gruyter and the owners of Lucius & Lucius are convinced that positive synergies will be created by combining our activities."
De Gruyter plans to promote the further digitalization of the company's portfolio while also expanding the company's existing strong ties to international academic institutions. The offices of Lucius & Lucius in Stuttgart will be closed. Management of the company's portfolio will pass to De Gruyter Oldenbourg's offices in Munich.