The Stationery Office Explained

The Stationery Office Ltd
Type:Subsidiary
Foundation:1996
Location:London, England, UK
Parent:Williams Lea Tag
Industry:Publishing
Predecessor:His Majesty's Stationery Office

The Stationery Office (TSO) is a British publishing company created in 1996 when the publishing arm of His Majesty's Stationery Office was privatised.[1] It is the official publisher and the distributor for legislation, command and house papers, select committee reports, Hansard, and the London, Edinburgh and Belfast Gazettes, the UK government's three official journals of record.[2] With more than 9,000 titles in print and digital formats published every year, it is one of the UK's largest publishers by volume.[3]

TSO provides services, consultancy, and infrastructure to deliver all aspects of the information lifecycle. TSO developed the website legislation.gov.uk with The National Archives, providing full access to the statute book as open data.[4]

The TSO OpenUp platform is a collection of integrated services available as software as a service (SaaS), with the aim of providing a scalable and resilient platform that allows organisations to store, query, and enrich their data.

History

The Stationery Office was sold for £54 million when it was privatised in 1996.[5] Two thirds of TSO was purchased by Electra Fleming,[6] an investment trust co-owned by Electra Investment and the investment bank Robert Fleming & Company.[7] Three executives of TSO purchased large stakes in the business: Rupert Pennant-Rea purchased a 4.5 per cent stake, Bob Thian a 6 per cent stake, and Richard Martin 3 per cent stake.

In 1999, Electra Fleming sold TSO to its existing management team and Apax, a private equity firm, for £82 million. Rupert Pennant-Rea remained as chairman, and Fred Perkins stayed as chief executive. TSO was sold in 2006 to business process outsourcing company Williams Lea, of which a majority stake had been acquired by logistics company Deutsche Post earlier that year.[8]

In 2014, TSO also began working with the local government sector, beginning with the redevelopment of the Croydon Council internal and external websites.

See also

Notes and References

  1. News: Harrington . Ben . Stationery Office sale may net £100m . 2018-12-03 . . 25 April 2006.
  2. Web site: Case Studies The Gazettes . TSO . 2013-01-08 . dead . https://web.archive.org/web/20130521062947/http://www.tso.co.uk/our-expertise/case-studies/gazettes . 2013-05-21.
  3. Web site: About TSO: Who Are We? . TSO . 2012-05-29 . https://web.archive.org/web/20060102141842/http://www.tso.co.uk/about/whoAreWe/ . 2006-01-02.
  4. Web site: The National Archives (Legislation) . TSO . https://web.archive.org/web/20130217064628/http://www.tso.co.uk/our-expertise/case-studies/national-archives-legislation . 2013-02-17.
  5. News: . Electra sells HMSO unit . https://ghostarchive.org/archive/20220618/https://www.independent.co.uk/news/business/electra-sells-hmso-unit-1106538.html . 18 June 2022 . subscription . live . 2018-12-03 . . 15 July 1999.
  6. News: Harrison . Michael . Stationery Office chiefs set for pounds 13m windfall . https://ghostarchive.org/archive/20220618/https://www.independent.co.uk/news/business/stationery-office-chiefs-set-for-pounds-13m-windfall-1086054.html . 18 June 2022 . subscription . live . 2018-12-03 . . 9 April 1999.
  7. News: International Briefs; 3i in Talks to Acquire Electra Investment Trust . 2018-12-03 . . Bloomberg News . 26 January 1999 .
  8. News: Francis . Jo . Williams Lea Tag CEO departs . 2018-12-03 . . 24 February 2017.