Quebecor World Buyout Creates Two New Printers

MONTREAL—After months of speculation as to the fate of the Quebecor World sheetfed and specialty printing platform, two management buyouts of its non-core companies has led to the creation of Grafikom L.P. and MATLET Group.

The Grafikom group, led by Aivars Beikmanis—former president of the Quebecor World Specialty Group—will pay roughly US$44.4 million, subject to certain adjustments, for the network of six sheetfed, digital and specialty printing operations. The combined sales of the six entities is more than US$83 million.