Significantly expanding its Spanish- and Portuguese-language publishing, Penguin Random House is buying the Spanish-language, Portuguese and Brazilian trade book businesses of Santillana Ediciones Generales from PRISA. Santillana Ediciones operates in Spain, Portugal and Latin America, including Brazil. The deal does not include Santillana's children's and young adult literature geared to schools and educational institutions.
The acquired Spanish-language business will be merged with Penguin Random House Grupo Editorial in Spain, Portugal and Latin America. Penguin Random House Brazil will acquire Santillana's Brazilian trade publishing business, Objetiva. The Spanish-language imprints include Aguilar, Alfaguara, Punta de Lectura, Suma de Letras, Taurus, and in Brazil, Alfaguara, Foglio, Fontanar, Objetiva, Ponto de Leitura and Suma de Letras.
In a note to staff, Penguin Random House CEO Markus Dohle said that "Santillana's outstanding publishing houses and rich frontlists and backlists make them the perfect partner for Penguin Random House Grupo Editorial, creating an unrivaled roster of Spanish and international authors that we will bring to a greater worldwide audience. In Brazil, our acquisition of Santillana's Editorial Objetiva, together with our 45% stake in Companhia das Letras, will substantially expand our presence in one of South America's leading trade book markets."