The late 1980s to the mid ‘90s would see the Company extend its global footprint. In 1989, Wolters Kluwer began to expand throughout Europe and by 1996 had established a presence in Austria, France, Hungary, Italy, Spain, Poland, Slovakia, Spain, Sweden and West Germany. In parallel, between 1990 and 1998, the acquisition of numerous prestigious companies would fortify the Company’s market position in the United States.
The acquisition of J.B. Lippincott and Co.—who had published the first textbook of nursing in 1878, as well as the first issue of the American Journal of Nursing—made the Company a major player in the U.S. health market by 1990.
In 1996, the Company completed the purchase of CCH Inc., who had published materials on US tax law and tax compliance since the inception of the federal income tax in 1913, which helped expand the Company’s business in Asia-Pacific due to CCH’s interests in Australia, New Zealand, Japan, Singapore, and Hong Kong.
And in 1998, Wolters Kluwer acquired Ovid Technologies, an electronic pioneer with an interface to MEDLINE, the U.S. National Library of Medicine® and the world’s largest and oldest medical database.
In 1995, the Wolters Kluwer Executive Board announced new investments into e-publishing and the nascent internet. In 1997 a CTO was appointed, and a start made with Kluwer Online. A global steering group of bright young managers soon helped sharpen the Company’s customer-focus and global internet strategy. But operationalizing the strategy would be complex. And the financial implications were large.
In the same year, Wolters Kluwer entered merger negotiations with Reed Elsevier. However, the two companies could not agree on financial terms. Discussions were terminated in March 1998.
In 2001, the Company announced its intent to create a ‘new’ 21st Century Wolters Kluwer. While the strong historic customer-focus would remain, the new direction would be towards content, software and services. An ongoing Companywide program would empower a new rank of innovative leaders. After one of the most disruptive periods in its history, the Company was poised to deliver in the new millennium.