Acquisitions, partnerships and closures

Menzies adds one more
Grande Prairie, Alta.-based Menzies Printers recently acquired Edmonton-based Lightwaves Press - its third acquisition in just over a year. Lightwaves; Thompson Valley Printing, of Kamloops, B.C.; and the printing division of Martin Weiss Graphics are all companies now under the Menzies Group umbrella. Each company offers complete design, press and finishing capabilities.

Menzies adds one more

Grande Prairie, Alta.-based Menzies Printers recently acquired Edmonton-based Lightwaves Press – its third acquisition in just over a year. Lightwaves; Thompson Valley Printing, of Kamloops, B.C.; and the printing division of Martin Weiss Graphics are all companies now under the Menzies Group umbrella. Each company offers complete design, press and finishing capabilities.

Quebec printers team up

In an effort to more easily compete with larger printers like Quebecor and Transcontinental, three Quebec-based printers have joined forces to form Scabrini Media. Together, Groupe Scabrini, Servi Impression and Richard Veilleux Imprimeur comprise book, commercial and digital printing divisions.

St. Joseph announces financial results

Despite a slowing economy, St. Joseph Printing, of Concord, Ont., increased sales $2.3 million over the corresponding period in 2000, reporting sales for the second quarter (ended June 30) of $70.5 million. The company says that in spite of the unfavorable business climate – in which many private-sector customers have reduced spending – the outlook remains positive. The printer has also begun construction of a new printing facility in Ottawa.

Transcontinental signs Cenosis

Transcontinental Printing has signed on KangaCom, a subsidiary of Cenosis, of Montreal, to provide its flagship KangaGraph digital file transport service. The system will be used to receive digital assets bound for Transcontinental Printing presses, and replaces traditional physical electronic media and messenger services. KangaCom will also offer a range of graphic communications e-solutions, from remote proofing to Internet gateway services.

Arthurs-Jones declares bankruptcy

Earlier this summer, one of Canada’s oldest printing companies – a huge player in the annual report business – Arthurs-Jones Clarke Lithographing, of Mississauga, Ont., declared bankruptcy. It had been in operation since 1906. According to reports, the company’s debt is rumored to be in the $15-million range. The receivership is being handled by Arthur Anderson – liquidation proceedings are under way.

Ward Press shuts down

Thirty-one-year-old, Toronto-based printer Ward Press has also declared bankruptcy. Reports indicate the printer had been struggling since it upgraded its equipment in late 1999. Its assets are being sold through a public auction, according to receiver BDO Dunwoody.