Canadian Printer Acquires Direct Mailer JDM

MONTREAL—Transcontinental Inc. has acquired the operating assets of direct mail provider Jetson Direct Mail (JDM) by its wholly owned subsidiary, Transcontinental Direct U.S.A., for US$85 million plus US$2 million for working capital. The deal increases Transcontinental Direct U.S.A.'s production capacity to more than five billion direct mail pieces annually, while also adding JDM's production and control systems, mailing logistics and strong management team.