Publishing & Printing M&A » By The Online Investor Staff, updated Fri., Apr. 19, 3:06 PM
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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April 19, 2024 3:06 PM Eastern
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