Porto Editora Group is one of the largest publishing group operating in Portugal, with a consolidated turnover of more than €90Mn in 2010. As much by its size, Porto Editora distinguishes itself by the diversity of editorial areas, from education to literature. In Its strategy of growth and consolidation of their positioning in the Portuguese market the acquisition of the business assets of Assírio & Alvim revealed itself as an opportunity to integrate a prestigious catalogue of Portuguese authors.
Assírio & Alvim was a small Portuguese publisher dedicated to the area of Poetry. Besides its small dimension Assírio & Alvim has published relevant Portuguese authors such as Fernando Pessoa, Mário Cesariny, Herberto Hélder, Al Berto, Ruy Belo and Miguel Esteves Cardoso.
Clearwater International has advised the shareholders of Assírio & Alvim in the selling its business assets to Porto Editora Group.