Transcontinental acquires two Canva Group businesses

Executive Summary

• TC Transcontinental Inc. has acquired two businesses from Canva Group: Mirazed Inc. (Saint-Hubert, Que.) and Intergraphics Decal Ltd. (Winnipeg, Man.).
• The acquisition strengthens TC Transcontinental's position as a leader in the in-store marketing segment, following the recent acquisition of Middleton Group in June.
• The acquired entities bring over 200 skilled employees and state-of-the-art production facilities, enhancing capabilities in Quebec and Western Canada.

Key Details

• Acquired Entities: Mirazed Inc. and Intergraphics Decal Ltd.
• Seller: Canva Group
• Strategic Rationale: To accelerate growth in the in-store marketing segment and broaden service offerings.
• Mirazed Capabilities: Expertise in screen printing, large-format digital printing, production of promotional displays, and point-of-purchase signage.
• Intergraphics Capabilities: Specialization in industrial screen and digital printing.
• Workforce Impact: The acquired entities employ more than 200 skilled people.
• Geographic Expansion: Enhances presence in Quebec and Western Canada.
• Segment Performance: In-store marketing activities generated revenues of over $200-million during the fiscal year ended Oct. 27, 2024.
• Segment Growth: The in-store marketing business has grown through organic growth and acquisitions, now relying on a Canada-wide network with over 1,200 employees.
• Company Overview: TC Transcontinental is Canada's largest printer, a leader in flexible packaging in North America, and the leading Canadian French language educational publishing group.
• Company Financials: Generated revenues of $2.8-billion during the fiscal year ended Oct. 27, 2024.
• Company Workforce: Approximately 7,600 employees, majority based in Canada, the United States, and Latin America.

Notable Quotes

• "This second strategic acquisition in a matter of months not only broadens our offering, but also positions us to accelerate our growth in the in-demand segment of in-store marketing," said Patrick Brayley, senior vice-president, retail services and printing. "We are delighted to welcome the talented teams at Mirazed and Intergraphics, whose expertise will enrich our value proposition to our customers."