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Media M&A image Media M&A » By The Online Investor Staff, updated Sun., Jan. 17, 1:48 AM Recent mergers and acquisitions in the Media M&A category.

Slide #6. Transcontinental Inc. Assets of Capri Packaging

Acquirer: Transcontinental Inc. (TSE:TCL.A.CA)
Acquiree: Assets of Capri Packaging
Details: 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.

Preferred: TCL.PRD.CA



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Company Name: 
Transcontinental Inc
Website: 
www.transcontinental.com
Sector: 
Packaging & Containers
Number of ETFs Holding TCL.A.CA: 
1
Total Market Value Held by ETFs: 
$638481
Total Market Capitalization: 
$1.75B
% of Market Cap. Held by ETFs: 
0.04%
 

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