Courier Corp. Acquires 60 Percent Interest in Brazilian Textbook Printer Digital Page Grafica e Editora
NORTH CHELMSFORD, MA—November 19, 2014—Courier Corp., an innovator in book manufacturing, publishing and content management, has announced the completion of its acquisition of 60 percent interest in Digital Page Grafica e Editora, a digital printer based in Sao Paulo, Brazil, for an investment of approximately $9 million, as previously disclosed.
The acquisition complements Courier’s agreement to license a version of its proprietary textbook customization platform to Santillana, a leading textbook publisher that serves the Latin American market and has a long-term printing and book manufacturing agreement with Digital Page. Through this three-way relationship, Courier hopes to extend its North American market leadership in customized four-color textbooks to South America’s largest education market.
About Courier Corp.
Courier Corp. (Nasdaq: CRRC) is America’s second largest book manufacturer and a leader in content management and customization in new and traditional media. It also publishes books under two brands offering award-winning content and thousands of titles. Founded in 1824, the company is headquartered in North Chelmsford, MA.
Source: Courier Corp.