Quad Graphics Acquires World Color Press
Deal Worth Over $1.3 Billion
Published: 01/26/2010 09:15pm
Wisconsin-based Quad Graphics has acquired World Color Press, the Canadian corporation formerly known as Quebecor that is responsible for printing the majority of comics in
The two companies have been talking since Quebecor World, World Color Press’s predecessor, emerged from bankruptcy (see “Quebecor Reorganization Plan Approved”) last August. Estimates of the size of the deal are in the range of $1.3 billion to $1.4 billion. The combined company will have revenues in the range of $5 billion annually, and Quad Graphics estimates that the merger will yield some “$225 million in pre-tax net annualized synergies within 24 months.”
The technologically advanced Quad Graphics, which is headquartered in
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