PUBLISHING house Gill & Macmillan is back in Irish hands after the Gill family took full control of the business.
The Gill family bought out Macmillan Science and Education, who had been joint owners of the Dublin-based business for the past 40 years.
In a statement the company said the new ownership structure would have "no trading consequences for the business" and the Gill family, alongside the company's management team, "looks forward to building on its success".
The Macmillan name will be dropped at a future date.
The development marks the next chapter for the Gill family, whose name has been synonymous with books in Ireland for 180 years, ever since Michael Henry Gill was appointed printer to Dublin University in 1833. Six generations of the family have now been involved.
A key player in the company now is commercial director Ruth Gill who has a masters in management from Oxford and previously worked at St Martin's Press, New York and Macmillan Publishers in London.
"I am hugely excited by this very positive development for the business and our family. Having recently returned from overseas to work in Gill & Macmillan, I have been overwhelmed by the level of commitment and enthusiasm shown by each member of our staff," Ms Gill said yesterday.
As well as publishing its own books the company also has a major book distribution business and employs 70 people. It is also a leading publisher of educational content for schools and colleges and is developing its digital content quickly.
Gill & Macmillan was created 45 years ago in 1968 when Macmillan acquired an interest in M H Gill & Son Ltd. Since then the company has become one of the most prominent book publishing and publishing services companies in Ireland and has become particularly well known for producing school books.
It counts the likes of former politician Mary O'Rourke and sports broadcaster Jimmy Magee among its authors, and is known in publishing circles for being the "go to" choice for Irish authors.