Press Release

Press Release | Gütersloh, 12/18/2014

Gruner + Jahr Completes Change of Legal Form to GmbH & Co KG

The Gruner + Jahr publishing company will from now on do business as Gruner + Jahr GmbH & Co KG. The announced change of legal form has been entered in the commercial register and is therefore complete.

The move was taken in close coordination between Bertelsmann and Gruner + Jahr after the international media company had increased its ownership of the publishing house to 100 percent in early November. The change of legal form facilitates decision-making processes and considerably reduces the administrative burden; however it in no way affects the autonomous management of G+J by its leadership, and changes nothing for the company’s employees.

About Bertelsmann
Bertelsmann is an international media company whose core divisions encompass television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), services (Arvato), and printing (Be Printers) in some 50 countries. In 2013, the company’s businesses, with their more than 111,000 employees, generated revenues of €16.4 billion. Bertelsmann stands for a combination of creativity and entrepreneurship that empowers the creation of first-rate media, communications, and service offerings to inspire people around the world and to provide innovative solutions for customers.