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Slide #6. Transcontinental Inc. — Assets of Capri Packaging
Transcontinental Inc. (TSE:TCL.A.CA)
Assets of Capri Packaging
Transcontinental Inc. (TSX:TCL.A)(TSX:TCL.B)(TSX:TCL.PR.D) is pleased to announce that it has completed the transaction for the acquisition of the assets of Capri Packaging, a producer of flexible packaging, operating two facilities located in Clinton, Missouri. The acquisition will add about US$72 million to TC Transcontinental's revenues. As part of the transaction, the seller, Schreiber Foods, Inc. has signed a 10-year agreement to secure Capri Packaging as a strategic supplier of flexible packaging, which represents about 75% of Capri's total revenues.
Transcontinental is engaged in flexible packaging and printing. TC Transcontinental Packaging, the Packaging Sector of Co., provides a variety of flexible plastic products, including rollstock, bags and pouches, shrink films and bags, and various coatings. TC Transcontinental Printing, the Printing Sector of Co., provides an integrated service offering for retailers, including premedia services, flyer printing and in-store marketing products, and door-to-door distribution through Publisac in Quebec and Targeo, a pan-Canadian distribution brokerage service. TC Media, the Media Sector of Co., is a Canadian French-language educational publishing group as well as a trade book publisher.
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