School publishing in Quebec: TC Media acquires Groupe Modulo

MONTREAL, Jan. 31, 2013 / CNW Telbec / - TC Media is pleased to announce the acquisition of all the shares of Groupe Modulo, publisher of books and educational material in the […]

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MONTREAL, Jan. 31, 2013 / CNW Telbec / - TC Media is pleased to announce the acquisition of all the shares of Modulo Group, publisher of French-language books and educational materials which is a subsidiary of Nelson Education. The Modulo Group thus joins the Books and Education division of TC Media made up of Chenelière Education, the largest publisher of French-language educational resources in Canada, from Character Editions, as well as Transcontinental Publishing.

This transaction enriches TC Media's offer in the field of education, by further strengthening its position as a leader in higher education in Quebec and by increasing its presence in the school market within Francophone communities in the rest of the region. country. Groupe Modulo is an educational publisher for all levels of education, from preschool to university, in the French-speaking and French-language immersion markets across Canada. Its innovative textbooks and materials meet the learning needs of pupils and students as well as the professional development needs of teachers.

“We are proud to see Modulo, a Quebec publisher recognized for its editorial approach and the quality of its educational material, join the Books and Education division of TC Media. The works published by Modulo will add some 3,000 titles to our catalog, which will now number more than 11,000, said Jacques Rochefort, Senior Vice-President, Books, TC Media and Chairman and CEO of Chenelière Éducation. The strength of the group will allow us to continue developing our already very diversified print and digital offer in order to better face the challenges of the future of the publishing world. We will also be able to better meet the needs of Francophone students and educators across Canada. "

“The Modulo Group has had significant success as a member of the Nelson Education family and this transaction strategically strengthens its activities to ensure its continued success. We have built a good business relationship with TC Transcontinental, our long-time printing and publishing partner, and we believe that Modulo will benefit from growing within TC Media ”, said Greg Nordal, President and CEO of Nelson Education.

The Modulo Group will evolve as a separate entity within TC Media, which will continue to publish the same works under the Modulo brand, with the same editorial philosophy of its own.

About the Modulo Group
French-language publisher, Groupe Modulo has been publishing works and educational material recognized for their high quality for more than 35 years. Addressing all levels of education, from kindergarten to university, Groupe Modulo seeks to meet the needs of educators, students and students across Canada, in the French-speaking and French-language immersion markets, in Quebec as in the other Canadian provinces.

About TC Media Books Inc.
TC Media Books Inc. includes Chenelière Éducation, Éditions Caractères, Éditions Transcontinental, Groupe Modulo, as well as TC Media's book distribution and distribution activities. Chenelière Éducation, the largest publisher of French-language educational resources in Canada, has more than 2,500 authors from all levels of education, from preschool to university, including adult education, the professional sector and didactics. . Les Éditions Caractère, the great leader of the Quebec extracurricular market, thanks to its well-known collections, and has a large catalog of books aimed at the general public. Les Éditions Transcontinental publishes nearly 50 titles per year in the niches of personal development, career management, consumption, health, parenting and couple relationships.

About TC Media
A leader in media solutions and marketing activation in Canada, employing nearly 4,000 people, TC Media reaches 24 million consumers in Canada through its integrated multiplatform offer that includes print and digital media, magazine and newspaper production. , tailor-made books and content, mass and personalized marketing, mobile and interactive applications, television production and door-to-door distribution.

TC Media is a trademark of Transcontinental inc. (TSX: TCL.A TCL.B TCL.PR.D), which has approximately 9,500 employees in Canada and the United States, and reported revenues of C $ 2.1 billion in 2012. Site www.tc.tc.

SOURCE: Transcontinental inc.

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