Quebecor World Announces $45 Million Agreement with Canada Wide Media Ltd
Press release from the issuing company
Montréal, Canada – Quebecor World Inc. (August 07, 2008) today announced it has reached a new 7-year agreement valued at approximately $45 million with Canada Wide Media Ltd to print Magazines and Periodicals for the Vancouver-based publisher. The agreement includes renewal work on titles such as BC Business, Westworld Publications, BC Home, Alberta Home, Gardenwise and Granville Magazine.
"Quebecor World's dedication to quality and service was a key contributing factor in partnering with them for another 7 years", said Peter Legge, Chairman and CEO Canada Wide Media. "Our business was built on print over 30 years ago and this partnership renewal with Quebecor World shows our commitment to the importance of printed media in the Canadian marketplace. We look forward to working with Quebecor World as we actively pursue our growth objectives over the next 7 years.
"We are pleased to extend our long term partnership with Canada Wide Media" said Jacques Mallette, President and CEO of Quebecor World Inc.
"Our ability to provide an unparalleled service approach allows us to deliver the value and quality an independent industry publishing leader such as Canada Wide Media Ltd demands" said Antonio Galasso, President of Quebecor World Canada.
Quebecor World's Canadian division is one of the leading magazine print and related service providers in Canada. The company provides complete premedia, print, distribution and mailing services across the country for publishers in the consumer, B2B, Association, City and Regional Magazine markets.
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