Quebecor Completes Hachette Purchase

Share this content:
Quebecor World Inc. has completed the purchase of printing assets belonging to Hachette Filipacchi Medias in Europe and will proceed with integrating the acquisitions into its operations, the commercial printing firm said yesterday.


Quebecor, Montreal, takes over Hachette Filipacchi Medias' printing and bindery facilities in France along with the 50 percent of Helio Charleroi that Hachette owns in Belgium. The public investment firm that owns the other half of Helio Charleroi, Compagnie Nationale a Portefeuille, retains ownership until 2004.


Financial terms were not disclosed.


In addition to buying Hachette's assets, Quebecor will take over publication duties for many of Hachette's magazines in Europe. The value of this portion of the deal is estimated at $400 million.


Hachette Filipacchi Medias publishes 210 magazine titles in 34 countries, including Paris Match, Elle, Parents, Tele 7 Jours and TV Hebdo. Quebecor World employs 40,000 workers in about 160 printing facilities worldwide.


Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here