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Transcontinental (company)

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Canadian media company

Transcontinental Inc.
TC Transcontinental
Company typePublic
TSXTCL.A
TSXTCL.B
IndustryPackaging, Printing,direct marketing, Publishing, Distribution
Founded1976
FounderRémi Marcoux, Claude Dubois and André Kingsley
Headquarters1Place Ville Marie,
Montreal, Quebec
,
Canada
Key people
Thomas Morin
Revenue2.8 billion (2024)
Number of employees
7,600 +
Websitetc.tc

Transcontinental Inc.,operating asTC Transcontinental, is aMontreal-based packaging, commercialprinting and specialty media company.

Transcontinental ispublicly-traded on theToronto Stock Exchange, and has over 7,600 employees—the majority of which are based inCanada, theUnited States andLatin America.[1]

History

[edit]

The company was founded in 1976 byRémi Marcoux and partners Claude Dubois and André Kingsley as aflyer-printing business. It generated $2.9 million in revenue in its first year of operations.[2] In 1978, the company was renamed GTC Transcontinental Group Ltd., and it established aDoor-to-door flyer distribution division known as Publi-Home Distributors.[3][4]

In 1979, the company entered the publishing industry after acquiringLes Affaires andSIC. It also purchased the Imprimerie Chartier (now Transcontinental Saint-Hyacinthe) printing plant. In 1984, the company went public on theMontreal Exchange, and later theToronto Stock Exchange.[5] Transcontinental subsequently performed a number of acquisitions over the decade that followed, including 20Telemedia-owned community newspapers in the Montreal area,The Hockey News, and a number of commercial printing companies (includingSoutham Inc.'s plants and printing division), among others.[5]

Purchase of Telemedia and expansion into Atlantic Canada

[edit]

On January 29, 2000, GTC Transcontinental announced its acquisition of the publishing business of Telemedia for $150 million, includingCanadian Living,Homemakers, and the Canadian editions ofElle andTV Guide.[6] In 2002, Transcontinental acquired 12 newspapers and two printing plants in Atlantic Canada and Saskatchewan fromCanWest Global for $255 million, in what was one of the company's largest transactions to date.[7]

In 2003, after receiving the contract to printLa Presse, the company established its new Transcontinental Métropolitain printing plant.[8] In 2006, the company enters a segment offering strong growth potential in the publishing market by acquiring Chenelière Éducation, the leading publisher of French-language educational resources in Canada. In 2011, Transcontinental reached an agreement to exchange assets with the U.S. printerQuad/Graphics, acquiring six of its Canadian plants (dating back to its predecessorQuebecor World) and aprepress in Markham, Ontario, in exchange for Transcontinental's Mexican operations, and a stake in a black-and-white book printing operation owned by the company.[9][10]

2012–2016: More expansion

[edit]

In 2012, Rémi Marcoux stepped down as chair of the board, and was succeeded by his daughter Isabelle Marcoux.[11] In December 2013,Quebecor Media subsidiarySun Media announced that it would sell 74 of its community newspapers in Quebec to Transcontinental in a deal valued at $75 million.[12] TheCompetition Bureau approved the sale in May 2014, under the condition that Transcontinental divest 34 of its Quebec newspapers for competition reasons.[13] In March 2014, Transcontinental acquired U.S.-based Capri Packaging to expand into the flexible packaging market. The company described it as a "new promising growth area", amidst softening revenue in advertising, and decreases in its core printing businesses.[14] In November 2014, Transcontinental sold 15 of its consumer magazines, includingCanadian Living andThe Hockey News, to Quebecor'sGroupe TVA for $55.5 million. Transcontinental also received a contract to print magazines and marketing materials for TVA through 2021.

Getting out of Atlantic Canada and the Prairies

[edit]

In May 2016, Transcontinental sold its 13 newspapers in Saskatchewan to Star News Publishing of Alberta. As a result, a Transcontinental plant inSaskatoon was also shut down.[15] On December 1, 2016, Transcontinental Media acquiredRogers Media's financial industry publications, includingAdvisor's Edge,Avantages,Benefits Canada, andConseiller.

On April 13, 2017, Transcontinental announced that it had divested media assets in Atlantic Canada toSaltWire Network.[16] On April 18, 2017, Transcontinental announced that it planned to place 93 of its remaining newspapers in Ontario and Quebec (including Montreal'sMétro) for sale, in order to "contribute to the continued sustainability of local media and to foster greater connections with the advertisers and communities they serve", and to focus more on its educational publishing and specialty media operations.[17] In April 2018, Transcontinental announced that it would acquireCoveris Americas for US$1.3 billion, its largest acquisition to-date, as part of an effort to bolster its flexible packaging business. Isabelle described the proposed purchase as one that would "[crystalize] our strategic shift toward flexible packaging and solidifies our commitment to profitable growth". The purchase would make Transcontinental the seventh-largest packaging company in North America.[18][19][20]

Leadership changes

[edit]

On September 19, 2019, Transcontinental divested its financial industry publications between Contex Media and Newcom Media.[21] On December 9, 2021, Francois Olivier retires after 28 years with TC Transcontinental, the last 13 as President and Chief Executive Officer. On December 10, 2021, Peter Brues. A member of the Board of Directors of Transcontinental Inc. since 2018, succeeds him as President and Chief Executive Officer. On June 7, 2023, Thomas Morin was named TC Transcontinental's President and Chief Executive Officer.[22] He previously served as President of TC Transcontinental Packaging, beginning in 2019, and has been a member of TC Transcontinental’s Executive Management Committee since then.

Packaging

[edit]

Transcontinental established itspackaging business in 2014 with the purchase of Capri Packaging, as part of a move to diversify its business activities.

The division focuses primarily on the production of flexible packaging , such as bags, pouches, rollstocks, labels, die cut lids,shrink films and advanced coatings.The division has grown primarily via the acquisitions of other vendors, having consolidated into one of the largestconverters of flexible packaging in North America.[23]

TC Transcontinental Packaging has operations in the United States, Canada, Guatemala, Ecuador, Colombia, the United Kingdom and New Zealand.

Facilities

[edit]
FacilityLocationCountry
Transcontinental AlbanyClinton, MOUnited StatesUnited States
Transcontinental ArmeniaLa Tebaida, CO-QUIColombiaColombia
Transcontinental Battle CreekBattle Creek, MIUnited StatesUnited States
Transcontinental BrooklynBrooklyn, NYUnited StatesUnited States
Transcontinental ChristchurchChristchurchNew ZealandNew Zealand
Transcontinental Clinton 1Clinton, MOUnited StatesUnited States
Transcontinental Clinton 2Clinton, MOUnited StatesUnited States
Transcontinental ElginElgin, ILUnited StatesUnited States
Transcontinental ExtonExton, PAUnited StatesUnited States
Transcontinental Guayaquil AgroGuayaquil, EC-GEcuadorEcuador
Transcontinental Guayaquil ConsumerGuayaquil, EC-GEcuadorEcuador
Transcontinental GriffinGriffin, GAUnited StatesUnited States
Transcontinental HuntleyHuntley, ILUnited StatesUnited States
Transcontinental LenexaLenexa, KSUnited StatesUnited States
Transcontinental MenashaMenasha, WIUnited StatesUnited States
Transcontinental MontrealMontreal, QCCanadaCanada
Transcontinental OntarioOntario, CAUnited StatesUnited States
Transcontinental RichmondRichmond, BCCanadaCanada
Transcontinental San Luis PotosiSan Luis Potosí, SLMexicoMexico
Transcontinental SpartanburgSpartanburg, SCUnited StatesUnited States
Transcontinental TulsaCatoosa, OKUnited StatesUnited States
Transcontinental Villa NuevaVilla Nueva, GT-GUGuatemalaGuatemala
Transcontinental WhitbyWhitby, ONCanadaCanada
Transcontinental WrexhamWrexham, WALUnited KingdomUnited Kingdom

Retail Services & Printing

[edit]

TC Transcontinental is the largest commercial printing company in Canada, and one of the largest in North America.[24][25][26]

In January 2016, theToronto Star announced it would outsource its newspaper printing to Transcontinental with a five-year contract beginning in July 2016, and the contract has been extended to the end of 2027. The operations were shifted to its Vaughan plant.

This was followed in November 2017 by the announced closure of its Métropolitain plant, primarily due to theLa Presse newspaper ceasing print and moving to a digital-only model.[27][28]

In May 2019, Transcontinental announced that it would close its Brampton plant by the end of 2019.[29]

In 2025, the Corporation acquired three canadian companies to expand its in-store marketing activities:Middleton Group in June[30], andCanva Group subsidiariesMirazed Inc. andIntergraphics Decal Limited in August[31].

Facilities

[edit]
Facility NameLocationCountry
Transcontinental AnjouMontreal, QCCanadaCanada
Transcontinental AuroraAurora, ONCanadaCanada
Transcontinental BeaucevilleBeauceville, QCCanadaCanada
Transcontinental BouchervilleBoucherville, QCCanadaCanada
Transcontinental BramptonBrampton, ONCanadaCanada
Transcontinental CalgaryCalgary, ABCanadaCanada
Transcontinental HalifaxHalifax, NSCanadaCanada
Transcontinental IntergraphicsWinnipeg, MBCanadaCanada
Transcontinental LaSalleLasalle, QCCanadaCanada
Transcontinental MiddletonMarkham, ONCanadaCanada
Transcontinental MirazedSaint-Hubert, QCCanadaCanada
Transcontinental Owen SoundOwen Sound, ONCanadaCanada
Transcontinental ParisParis, ONCanadaCanada
Transcontinental VancouverAnnacis Island Delta, BCCanadaCanada
Transcontinental VaughanVaughan, ONCanadaCanada
Premedia MontrealMontreal, QCCanadaCanada
Premedia TorontoToronto, ONCanadaCanada

Media & Education

[edit]

TC Media Books is the leading Canadian French-language educational publishing group as well as a trade book publisher, the leader in the supplemental educational material market in Québec and the leading distributor of French-language specialized books in Canada.

TC Media Books publishes for all levels of instruction in print and digital formats, mainly under the Chenelière Éducation, Gaëtan Morin Éditeur, Beauchemin, Modulo, Graficor and Édisem brands.

TC Media Books is also being active in general interest publishing mainly under the Éditions Caractère and Éditions Transcontinental brands.

During decades, TC Media was a leading provider of media solutions in Canada.

The sector reached Canadian consumers and professionals through a wide range of print and digital publishing products in French and English: newspapers, magazines, trade publications, mass marketing tools, etc.

TC Media - Facilities

[edit]
Facility NameLocationCountry
TC Media HQMontreal, QCCanadaCanada
Distribution Centre - EducationBoucherville, QCCanadaCanada

References

[edit]
  1. ^"Can TC Transcontinental Recover?".Dividend Earner. May 7, 2019. RetrievedJuly 10, 2019.
  2. ^"Rémi Marcoux cède la barre de TC Transcontinental".Infopresse. Archived fromthe original on July 11, 2019. RetrievedJuly 11, 2019.
  3. ^"Rémi Marcoux, beauceron pur sang".www.lesaffaires.com (in French). RetrievedJuly 11, 2019.
  4. ^Goldenberg, Joel (August 18, 2017)."TC Transcontinental - Forty Years of Growth".The Suburban Newspaper. RetrievedJuly 10, 2019.
  5. ^ab"Cercle des Grands entrepreneurs du Québec".cercledesgrandsentrepreneurs.com. RetrievedJuly 11, 2019.
  6. ^"GTC acquires Telemedia's magazines". RetrievedJuly 11, 2019.
  7. ^CBC Staff (July 10, 2002)."CanWest sells papers to Transcontinental for $255 million".CBC News.Montreal:Canadian Broadcasting Corporation.Archived from the original on April 15, 2017. RetrievedDecember 26, 2024.
  8. ^Orfali, Philippe (April 18, 2018)."Transcontinental veut convertir l'usine qui imprimait La Presse".Le Journal de Montréal. RetrievedJuly 11, 2019.
  9. ^"Transcontinental to close two Quad/Graphics plants, cut 500 jobs". RetrievedOctober 22, 2019.
  10. ^"Transcontinental Exchanging Assets with Quad".Marketing Magazine. RetrievedOctober 22, 2019.
  11. ^"Marcoux quitte la présidence du conseil d'administration de Transcontinental".HuffPost Québec (in French). February 16, 2012. RetrievedJuly 11, 2019.
  12. ^"Sun Media sells 74 community newspapers to Transcontinental for $75-million".Financial Post. RetrievedApril 13, 2017.
  13. ^"Transcontinental told to sell 34 papers in Sun Media deal".The Globe and Mail. May 28, 2014. RetrievedApril 13, 2017.
  14. ^"Transcontinental acquires U.S. flexible packaging firm, raises dividend".The Globe and Mail. March 11, 2014. RetrievedApril 14, 2017.
  15. ^"Star News Publishing buys 13 newspapers across Saskatchewan".CBC News. RetrievedApril 13, 2017.
  16. ^Doucette, Keith; Thomson, Aly (April 14, 2017)."Transcontinental sells off its Atlantic papers".Toronto Star.Toronto:Torstar.The Canadian Press. p. B2. RetrievedDecember 21, 2024 – viaNewspapers.com.
  17. ^CBC Staff (April 18, 2017)."Transcontinental selling 93 newspapers in Ontario and Quebec".CBC News. Toronto:Canadian Broadcasting Corporation.Archived from the original on June 29, 2024. RetrievedDecember 26, 2024.
  18. ^"Transcontinental to diminish role of printing with US$1.3-billion packaging deal".Financial Post. April 2, 2018. RetrievedOctober 22, 2019.
  19. ^Tison, Marc."Isabelle Marcoux et François Olivier, personnalités de la semaine".La Presse (in Canadian French). RetrievedJuly 11, 2019.
  20. ^Goldenberg, Joel (August 18, 2017)."TC Transcontinental - Forty Years of Growth".The Suburban Newspaper. RetrievedJuly 11, 2019.
  21. ^"Transcontinental selling majority of publications to Newcom Media, Contex Group".The Globe and Mail. RetrievedDecember 20, 2019.
  22. ^"Transcontinental Names Thomas Morin to Succeed CEO Peter Brues".MarketWatch. RetrievedJune 8, 2023.
  23. ^"TC Transcontinental Strategically Shifting to Flexible Packaging".Flexible Packaging Magazine. RetrievedAugust 1, 2019.
  24. ^"TC Transcontinental - 2019".www.businesschief.com. Archived fromthe original on May 9, 2019. RetrievedAugust 1, 2019.
  25. ^Goldenberg, Joel (August 18, 2017)."TC Transcontinental - Forty Years of Growth".The Suburban Newspaper. RetrievedAugust 1, 2019.
  26. ^"Building Print Platforms: TC Transcontinental's plans for newspapers and packaging".PrintAction. August 15, 2016. RetrievedAugust 1, 2019.
  27. ^"Transcontinental closing Montreal newsprint plant as industry struggles".Canadian Manufacturing. November 7, 2017. RetrievedOctober 22, 2019.
  28. ^"Transcontinental Closing Métropolitain Plant".PrintAction. November 13, 2017. RetrievedOctober 22, 2019.
  29. ^Frisque, Graeme (May 11, 2019)."Transcontinental closing Brampton printing plant, laying off 125 workers".BramptonGuardian.com. RetrievedOctober 22, 2019.
  30. ^"TC Transcontinental Acquires Middleton Group to Grow its ISM Activities".MarTech Cube - Marketing Technology news and Martech Interviews. June 24, 2025. RetrievedAugust 8, 2025.
  31. ^"TC Transcontinental Acquires Canva Group Businesses to Accelerate Growth of its In-Store Marketing Segment".The Hamilton Spectator. August 7, 2025.ISSN 1189-9417. RetrievedAugust 8, 2025.

External links

[edit]
Selected Morningstar National Bank Québec companies of Canada(May 19, 2020)
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