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Courier Acquires 60% Interest in Digital Page

Wednesday, November 19, 2014

Press release from the issuing company

Digital Textbook Printer Serves Brazil’s Education Market

NORTH CHELMSFORD, Mass. - Courier Corporation, one of America’s leading innovators in book manufacturing, publishing and content management, today announced the completion of its acquisition of a 60% interest in Digital Page Grafica e Editora, a digital printer based in Sao Paulo, Brazil, for an investment of approximately $9 million, as previously disclosed.

The acquisition complements Courier’s agreement to license a version of its proprietary textbook customization platform to Santillana, a leading textbook publisher which serves the Latin American market and has a long-term printing and book manufacturing agreement with Digital Page. Through this three-way relationship, Courier hopes to extend its North American market leadership in customized four-color textbooks to South America’s largest education market.

 

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