It was back in August that Macmillan announced it was winding down its presence in the Australian education publishing sector, but several Macmillan employees saw this as an opportunity, not redundancy.

Australia’s Books & Publishing reports this week that,

Former staff from Macmillan Education Australia’s school division have formed a new educational publishing company called Matilda Education.

The new publishing company, led by Greg Browne, former managing director of Macmillan Education Australia, and ten staff, mostly former Macmillan employees, has acquired some Macmillan Australia educational titles to kickstart the new venture.

Browne said,

The team at Matilda Education brings together a wealth of experience, publishing creativity and a history of close collaboration with practicing classroom teachers. Our overriding objective is to help teachers teach and our business will be focused on their needs. We are excited to introduce Matilda Education to the market and look forward to building a new future for these well-known education titles.

Books & Publishing has further details.