Medical Council on Alcohol sells 50% stake in its Journal to OUP

(January 2012)

Oxford University Press (OUP) has entered a new long-term collaboration with the Medical Council on Alcohol (MCA) to jointly publish the journal Alcohol and Alcoholism.

The journal publishes papers on biomedical, psychological and sociological aspects of alcoholism and alcohol research http://alcalc.oxfordjournals.org.

OUP has bought a 50 percent stake in the journal, which was previously owned by MCA, a charity founded in 1967 to improve the understanding and management of alcohol related health problems.

"The Medical Council on Alcohol is delighted that OUP, the longstanding publisher of Alcohol and Alcoholism, has now become a co-owner of the journal in equal partnership with the Council", said Dominique Florin, Medical Director of the MCA. "This transition offers a period of stability for the MCA which will allow us to develop the journal and our other activities in the alcohol and health field".

Bertoli Mitchell assisted the MCA in reviewing its strategic options for the journal, and was mandated by the Council to agree transaction terms with OUP and to manage the deal process to completion. The transaction closed on 31 December 2011.