|Private, subsidiary of Georg von Holtzbrinck GmbH|
Macmillan is one of the world’s leading publishers of English Language teaching and school curriculum materials, with over 150 years of publishing experience.[clarification needed] Based in London, UK, and operating in over 40 countries worldwide.
Macmillan is a wholly owned subsidiary of Georg von Holtzbrinck GmbH publishing group. Von Holtzbrinck is a family-owned company headquartered in Germany. It is active in more than 80 countries and publishes works in both print and electronic media, providing information, disseminating knowledge, and serving the needs of educational, professional, and general readership markets. Von Holtzbrinck recorded revenue of EUR 2,488.8 million in fiscal 2007.
In 2011 Macmillan Publishers Ltd was fined GBP 11.3 million by the High Court in London, in respect of gains through corruption by Macmillan Education in East and West Africa between 2002 and 2009. Subsequently Macmillan Education stopped operating in East and West Africa.
Macmillan Education operates globally and has a range of competitors, both on a global basis as well as in each country in which it operates. Its main competitors include Pearson Education, a division of Pearson, Oxford University Press, Cambridge University Press, McGraw-Hill Education, EMPGI an affiliate of Houghton Mifflin Harcourt, and Express Publishing, an independent publisher based in the United Kingdom.