TRANSCONTINENTAL ACQUIRES FULL OWNERSHIP OF MEXICAN OPERATIONS
By Adnews Staff
Montreal-based Transcontinental Group has acquired the 33% interest in its Mexican operations held by a minority shareholder. The financial details are not known. Transcontinental now owns 100% of Impresora Transcontinental de Mexico. Impresora has one plant in Toluca, Mexico and two in Mexico City which generate annual revenues of approximately CDN$130 million.
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