Business
TC Media acquires Les Éditions Caractère, leader in the supplemental educational publishing market in Québec
MONTREAL, Feb. 13, 2012 /CNW Telbec/ - TC Media is proud to announce that it has acqui...
About this update from Transcontinental Inc. Class A
[{"type":"text","content":"\n\n\n\n\n\nMONTREAL, Feb. 13, 2012 /CNW Telbec/ - TC Media is proud to announce that it has acquired the shares of Les Éditions Caractère, the leader in the supplemental educational publishing market in Québec\n and publisher of bestsellers in the trade market. Les Éditions Caractère now joins Chenelière Éducation, the leading publisher of French-language educational resources in\n America, and Les Éditions Transcontinental, renowned in the market for their general interest titles and essays\n for a broad public. This transaction makes TC Media the top player in\n Quebec's supplemental educational publishing market, accelerating its\n growth in this strategic niche that was already in development within\n the company. TC Media thus adds to its educational publishing offering\n and enhances its presence in the field of trade publishing.\n\n\nIn addition to Les Éditions Caractère's supplemental collections, which\n include bestsellers such as Toute mon année, Les Incollables, Réussir son examen d'admission au secondaire and Plus de 30 tests pour réussir, the publishing house has a significant catalogue of general interest\n books. This catalogue is an excellent complement to the titles\n published by Les Éditions Transcontinental and is included in the\n acquisition.\n\n\nTC Media is also pleased to announce that with this acquisition it is\n regrouping Chenelière Éducation, Les Éditions Caractère, Les Éditions\n Transcontinental and its distribution operations under the new Book group, led by Jacques Rochefort.\n\n\n\"Given its expertise and unique network, both in commercial terms and in\n editorial content, Les Éditions Caractère is the acknowledged leader in\n the supplemental publishing market in Québec, said Jacques Rochefort,\n Senior Vice President, Book group of TC Media and President and CEO of Chenelière Éducation. We are\n proud to continue the company's operations with the help of its senior\n executives, Marc and Alain Laberge, who have more than 25 years of experience in the book industry and will\n be bringing their expertise to our team of professionals.\"\n\n\nMarc Laberge, head of Les Éditions Caractère, added: \"Quality and\n respect are values that have alw...