Marquis Book Printing, headquartered in Montmagny, Quebec, announced the acquisition of the Toronto-based company Webcom Inc., creating a combined business with over C $ 100 million in sales and an annual production capacity of approximately 132 million pounds produced in three printing plants that represent 420,000 square feet of total manufacturing space.
The newly merged organization’s annual sales catapult it ahead of other Canadian bookmakers Friesens and Transcontinental, making Marquis the largest bookmaker in Canada.
âThis acquisition demonstrates our confidence in the future of the printed book,â said Serge Loubier, President and CEO of Marquis Book Printing. âThis will help us better cope with the new challenges of the changing book publishing and printing industry. This is a new strategic step on our roadmap to make Marquis a major book printer in North America.
He also reiterated to Printing fingerprints in a follow-up conversation that the transaction combines two strong industry players. “We have brought together two well-placed and well-developed companies. It is far from being a merger agreement,” Loubier said. “We want to be a world class supplier to meet the needs of global publishers.”
Marquis Book Printing was ranked # 67 on the most recent 2017 Printing fingerprints 400 list of the largest printing companies in the United States and Canada, ranked by annual revenue. The privately held company reported revenue of $ 71.5 million for the most recent fiscal year, a 3% increase from the reported annual revenue of $ 69.5 million for the Previous exercice. (Click here to access the entire Printing fingerprints 400 list.)
With nearly 3,000 clients, Marquis also works for several leading North American and European book publishers, including Oxford, T&F, McGraw-Hill and Hachette, among others.
Synergies between commerce, educational axes
The combined strengths of Marquis and Webcom will help these North American and European book publishers navigate the changing supply chain dynamics with print-on-demand, automatic inventory replenishment and comprehensive management solutions. the “life of the title”. Following the acquisition, Marquis Book Printing’s workforce will grow from 400 to 600 employees. The two companies also complement their respective customer bases well and create a combination of latest generation production inkjet presses for printing small-run books.
âI am delighted with our new journey together,â added Mike Collinge, President and CEO of Webcom, who will remain an active shareholder. âThe two companies complement each other perfectly. Marquis’ leadership in serving commercial publishers aligns well with Webcom’s digital inkjet leadership supporting educational and professional reference publishers.
Founded in 1977, Webcom has 3.2 billion pages of annual manufacturing capacity in its 170,000 square feet. Toronto facility. Its output capabilities include high-speed HP T300 and HP T360 inkjet web presses, two hot offset web presses, one cold web offset press, one HP Indigo 10000 digital press, and one six-color sheetfed offset press. . In March, Webcom acquired York Bookbinders, a 34-year-old hardcover / box book binding services company, which has added 7.5 million hardcover books per year to its manufacturing capacity. York will move into Webcom’s premises by the end of the year.
Book Printing Marquis: Member of the EPAC Supply Chain Network
The acquisition of Webcom follows the partnership agreement that Marquis announced in June with EPAC, which involved a $ 9 million investment install three high-speed inkjet production lines at its Montmagny plant. According to Loubier, the lines include the Fuji inkjet presses and the Hunkeler and Muller Martini assembly and perfect binding lines. The plans call for a total of six such inkjet lines, he said. As a result, Marquis decommissioned three digital toner presses and one offset press.
The EPAC solution manages equipment from different manufacturers in a single, integrated and automated workflow. All of Marquis’s new inkjet equipment is interconnected using an automated workflow developed by EPAC, called PACEX. A machine interface allows direct communication with the equipment without human intervention and also reduces paper consumption.
With Marquis having exclusivity with EPAC for Canada, the EPAC supply chain also allows Marquis customers to access the entire EPAC network, which includes production facilities in Asia, United States, Europe. and in Latin America.
Founded in 1937, Marquis serves content owners in the publishing and communications industry in Canada, the United States and Europe over an area of ââ250,000 square feet. manufacturing plant in Montmagny and a second operation is Louiseville, Quebec. It operates six Timsons web offset presses and recently acquired a Timsons ZMR press from the former Edwards Brothers Malloy operations, Loubier noted. Marquis’s sheetfed offset capability includes 40-inch 10- and 8-color Heidelberg presses and a 29-inch six-color Heidelberg press.
Marquis Book Printing offers a one-stop-shop for file management, graphic design and traditional printing, primarily in the book industry. Marquis also deploys multiplatform digital content through its Marquis Interscript division, as well as in directory and diary printing through Marquis Le Laurentien.