TC Transcontinental Expands Reach with Canva Group Acquisition
TC Transcontinental's Strategic Acquisition Boosts In-Store Marketing
MONTRÉAL — Transcontinental Inc. (TSX: TCL) has recently made headlines with its acquisition of two businesses from the Canva Group, specifically Mirazed Inc. and Intergraphics Decal Limited. This strategic move comes on the heels of TC Transcontinental's acquisition of Middleton Group, positioning the company as a prominent player in the in-store marketing sector.
Enhancing Capabilities with New Acquisitions
Mirazed is well-known for its expertise in screen printing and large format digital printing, producing promotional displays and point-of-purchase (POP) signage. On the other hand, Intergraphics concentrates on industrial screen and digital printing. The combination of these two entities brings more than 200 skilled employees and cutting-edge production facilities to TC Transcontinental, significantly enhancing its capabilities in regions across Canada.
Comments from Leadership
"This second strategic acquisition within months allows us to expand our offerings while positioning us to exploit the growth opportunities in the thriving in-store marketing segment," remarked Patrick Brayley, Senior Vice President of Retail Services and Printing. He expressed excitement over integrating the talented teams from Mirazed and Intergraphics into TC Transcontinental's structure, highlighting the value these experts bring to the table.
Business Growth and Revenue Insights
In the fiscal year up until October, TC Transcontinental's in-store marketing efforts yielded over $200 million in revenues. This growth trajectory has been fueled by a combination of organic expansion and thoughtful acquisitions, supported by a nationwide network of over 1,200 dedicated employees.
About TC Transcontinental
Established in 1976, TC Transcontinental is recognized as a leader in flexible packaging throughout North America, while also dominating the retail services market in Canada. Furthermore, it stands as the largest printer in Canada and holds a significant position in French-language educational publishing within the country. Their core mission focuses on producing high-quality products and services that facilitate businesses in attracting and maintaining their target audience.
Corporate Values and Commitment
At TC Transcontinental, the values of respect, teamwork, performance, and innovation are deeply ingrained. The organization emphasizes the importance of conducting its business responsibilities ethically and sustainably, ensuring accountability to all stakeholders.
Workforce and Revenue Standings
Currently, Transcontinental Inc. (TSX: TCL) employs approximately 7,600 individuals, primarily situated in Canada, the U.S., and Latin America. The corporation boasts a substantial revenue of $2.8 billion for the fiscal year ending in October, illustrating its robust market presence and effective operations.
Contact Information
For media inquiries:
Laurence Boucicault
Senior Advisor, Corporate Communications
TC Transcontinental
Telephone: 438-226-0469
laurence.boucicault@tc.tc
For financial inquiries:
Yan Lapointe
Senior Director, Investor Relations and Treasury
TC Transcontinental
Telephone: 514-954-3574
yan.lapointe@tc.tc
Frequently Asked Questions
What did TC Transcontinental acquire recently?
TC Transcontinental recently acquired two businesses from the Canva Group: Mirazed Inc. and Intergraphics Decal Limited.
How does this acquisition impact TC Transcontinental's position?
The acquisition enhances TC Transcontinental's capabilities in the in-store marketing sector and expands its service offerings.
What is TC Transcontinental's revenue from in-store marketing?
TC Transcontinental generated over $200 million in revenues from its in-store marketing activities in the fiscal year ending in October.
What are the core values of TC Transcontinental?
TC Transcontinental prioritizes respect, teamwork, performance, and innovation in its operations.
How many employees does TC Transcontinental have?
TC Transcontinental employs approximately 7,600 people, primarily in Canada, the United States, and Latin America.
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