|This Slide: #3 of 76|
Slide #3. 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 conducts business in Canada and the U.S. in two sectors: Printing and Packaging Sector and Media Sector. Co.'s printing sector provide print solutions in retail flyers, magazines, newspapers and color books, as well as personalized and mass marketing products, while Co.'s packaging sector provides a range of packaging products and premedia services in many markets, including the food product and beverage industries. Co.'s media sector provides media and marketing solutions, which include printing and digital publishing products in French and English: newspapers, educational books, consumer magazines, trade publications, and retail promotional content, among others.
Open the TCL.A.CA Page at The Online Investor »