Transcontinental Inc. -- Growth on the Horizon
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The company made significant inroads on its growth by acquisition initiative with the December 2003 purchase of U.S. direct marketing specialist CC3, a (U.S.)$127 million business that delivers 1.5 billion marketing pieces per year.
An innovative management structure at several of Transcontinental's newspaper plants increases efficiency. |
The following month, Transcontinental Inc. announced it had purchased more than 99 percent of the stock of Optipress, which owns 25 weekly and bi-weekly newspapers, nine printing plants and a network of digital reproduction centers in Canada. The cash considerations for the two businesses totaled (C)$223 million.
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- Companies:
- Transcontinental Inc.
- Places:
- Canada
- Montreal
- United States
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