Quebecor World Spins Off Its Premedia Operations

"This divestiture is in line with our growth strategy and will enable Quebecor World to better focus on its core business. Currently, the North American operations of Quebecor Integrated Media account for slightly more than 1 percent of our consolidated revenues," Cavell notes. "On the other hand, this transaction will provide Q-Media with a world-class facility, which complements its strategic focus and strengthens its market position in the U.S."