TC Media buys distributor Somabec and publishing house Edisem
TC Media has purchased Somabec, owned by Stéphan Rhéaume, a distributor of French-language specialty and trade books, whose offices are located in Saint-Hyacinthe, Que.
Founded in 1968, the company represents more than 100 Canadian and European publishers and offers more than 50,000 titles spanning the fields of technical training, science, medicine and social science. In addition, the transaction includes the acquisition of publishing house Edisem, also owned by Rhéaume, which particularly specializes in the publication of medical books.
“Building on our long-standing success in book publishing and distribution in Canada, today we are proud to acquire Somabec and Edisem,” Patrick Lutzy, General Manager of TC Media Books Inc., says. “These strategic additions will enable us, among other things, to optimize our offering in the higher education markets, as well as increase our position among the leaders in this field. We are very pleased to represent the publishers that are distributed by Somabec as well as the authors published by Edisem, in addition to ensuring the continuity of these companies.”
“Somabec has long had an enviable position in the country within its sector of activity, and, going forward, this company will continue on this path with TC Media Books. It is with the same passion for our work that my employees and I have contributed to the growth and reputation of Somabec and Edisem, and today’s transaction is a step towards continuity,” says Rhéaume.
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