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Publishing & Printing M&A image Publishing & Printing M&A » By The Online Investor Staff, updated Tue., Apr. 16, 3:53 AM Recent mergers and acquisitions in the Publishing & Printing M&A category.

Slide #3. 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. Co. mainly conducts business in three separate sectors: Packaging, which focuses on extrusion, lamination, printing and converting packaging solutions; Printing, which is engaged in service offering for retailers, including premedia services, flyer and in-store marketing product printing, and door-to-door distribution, as well as a range of print solutions for newspapers, magazines, 4-colour books and personalized and mass marketing products; and Media, which is engaged in print and digital publishing products, in French and English, of the following type: educational books, other publications for personnel and newspapers.

Preferred: TCL.PRD.CA



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Company Name: 
Transcontinental Inc
Website: 
www.transcontinental.com
Sector: 
Packaging & Containers
 

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