Transcontinental Inc. has announced it will sell its book printing assets to Marquis Book Printing Inc. for an undisclosed amount. Marquis will take ownership of the Transcontinental Gagné printing plant in Louiseville and Transcontinental Métrolitho printing plant in Sherbrooke.
In a press release, Transcontinental president and CEO Francois Olivier indicated that following a review of its business plan and long-term strategic objectives, the Montreal-based printing and publishing company plans to focus on a niche segment of the printing market due to competitive pressures.