Acquisition of Horn & Uchida Patent Translation

RNS Number : 5237E

RWS Holdings PLC

08 July 2021

 

For immediate release                                                                                                                                       8 July 2021

 RWS Holdings plc

Acquisition of Horn & Uchida Patent Translation, Ltd

RWS Holdings plc ("RWS"), the world's leading provider of technology-enabled language, content management and intellectual property support services, announces that on 7 July 2021 it completed the acquisition of Horn & Uchida Patent Translation, Ltd ("Horn & Uchida"), a specialist in patent translation based in Osaka, Japan for cash consideration of Y349m (£2.3m).

Horn & Uchida was founded in 2000 and has built a reputation for high quality services to Japanese corporates and law firms. Horn & Uchida will be acquired by KK RWS Group, RWS's fast growing subsidiary in Japan, and will extend RWS's in-house patent translation capability and its geographic coverage in Japan. 

Andrew Brode, Chairman of RWS, commented:

"The acquisition of Horn & Uchida is an ideal fit for RWS and will complement and strengthen our existing patent translation services business in Japan.  It will also help our US and European customers to internationalise their intellectual property in the important and growing Japanese market."

RWS Holdings plc Andrew Brode, Chairman Richard Thompson, Chief Executive Officer Des Glass, Chief Financial Officer

01753 480796

MHP (Financial PR advisor) Katie Hunt / Simon Hockridge

[e-mail]   020 3128 8100

Numis (Nomad & Joint Broker) Stuart Skinner / Kevin Cruickshank/Will Baunton Berenberg (Joint Broker) Ben Wright /Toby Flaux / Alix Mecklenburg-Solodkoff	020 7260 1000 020 3207 7800

About RWS

RWS Holdings plc is the world's leading provider of technology-enabled language, content management and intellectual property services. We help our customers to connect with and bring new ideas to people globally, by communicating business critical content at scale and enabling the protection and realization of their innovations.

Our vision is to help organizations interact effectively with people anywhere in the world, by solving their language, content and market access challenges through our collective global intelligence, deep expertise and smart technology.

Customers include 90 of the globe's top 100 brands, the top 10 pharmaceutical companies and approximately half of the top 20 patent filers worldwide. Our client base spans Europe, Asia Pacific, and North and South America across the technology, pharmaceutical, medical, legal, chemical, automotive, government, and telecommunications sectors, which we serve from offices across five continents.

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM, the London Stock Exchange regulated market (RWS.L).

For further information, please visit:   www.rws.com .

 

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