Marquis Book Printing has acquired two of Transcontinental’s book printing plants in Quebec, including Transcontinental Gagné based in Louiseville and Transcontinental Métrolitho based in Sherbrooke.
Prior to this purchase, Marquis specialized in short- and medium-run book production out of three facilities, including: Marquis Cap Saint-Ignace, Marquis Montmagny, and Marquis Laurentien in Saint-Augustin. The company also runs graphic and prepress production centres in Sherbrooke and Quebec City, as well as a sales office in Montreal.
“These acquisitions are aligned to the Marquis business plan, which will see us continue to grow in Canada and in foreign markets from our base in Quebec,” stated Serge Loubier, President of Marquis. “These new acquisitions, the variety of content and the talent of our employees, will enable us to take advantage of promising business opportunities.”
Marquis runs sheetfed and web-offset presses, including Canada’s first Variquick PC 15 press, as well as perfect binding, saddle stitching, spiral binding, wire-O, case bound finishing capabilities. Marquis was founded in Montmagny in 1937.
Transcontinental stated the decision to sell its Louiseville and Sherbrooke book plants came after reviewing long-term strategic objectives, noting the highly competitive nature of the book sectors fed by the two plants. Transcontinental stated that it plans to specialize in only certain type of markets, such as four-colour web offset printing for educational book markets in Québec, Canada and the United States.
“We thought long and hard before deciding to sell the assets of our Sherbrooke and Louiseville plants,” said François Olivier, President and CEO of Transcontinental Inc. “Over the past several months we have made strategic decisions based on changes in the book printing market. We are sure that our one- and two-colour book customers in Québec will continue to be well served by the new acquirer. For our part, we remain well positioned to respond to the demands of our customers who are looking for better marketing solutions in our areas of specialization, including educational book printing.”