Transcontinental buys assets of Groupe Le Canada Français
By Adnews Staff
Transcontinental Media of Montreal has acquired the assets of Groupe Le Canada Français. The deal includes 11 weekly and monthly print publications as well as various web properties that serve the Saint-Jean-sur-Richelieu and Granby regions. Its newspapers include Le Canada Français, Le Richelieu, Le Coup d'Oeil, Le Journal L'Express, L'Avenir & Des Rivières and Le Guide. They have a combined weekly circulation of approximately 155,000. Websites include Canadafrancais.com, Granby.enregion.ca, Cowansville.enregion.ca, Farnham.enregion.ca and trouveztout.info, which attract approximately 30,000 unique visitors per week. "The Groupe Le Canada Français is a jewel of the weekly press in Quebec, a newspaper institution that shares our goals of excellence and rigour," said Natalie Larivière, president of Transcontinental Media. "We are proud and privileged to be continuing the group's publishing tradition with its employees, talented people who have established its reputation over time. This acquisition fits with our plans for developing our network in Montérégie and enhancing our integrated offering to regional and national advertisers." No financial details are available.