Article: GULF PUBLISHING SOLD TO EUROMONEY FOR $10 MILLION.(Brief Article)

Euromoney Institutional Investor (London) has acquired the assets and business of Gulf Publishing (Houston, TX), a publisher of information for the energy sector, from WorldOil.com (Houston, TX) for $10 million. WorldOil.com is a company formed by investors SCF Partners and Battery Ventures. Gulf is Euromoney's first major acquisition in the U.S. since Internet Securities was acquired in January 1999.

Gulf was established in 1916 with the monthly launch of World Oil magazine. Gulf also publishes Hydrocarbon Processing (1922), Pipeline & Gas Industry (1954) magazines, catalogs, Web sites and a range of energy books. Previously, Gulf had sold its professional and ...

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