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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For MARCH 29, APRIL 19, AND MAY 25, 1999
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QUEBECOR PRINTING INC.
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(Translation of Registrant's Name into English)
612 Saint-Jacques Street, Montreal, Quebec, Canada H3C 4M8
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(Address of Principal Executive Office)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F)
Form 20-F Form 40-F X
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(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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Page 1 of 7
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PRESS RELEASE OF
QUEBECOR PRINTING INC.
FILED IN THIS FORM 6-K
March 29, 1999 (# 2/99)
April 19, 1999 (# 3/99)
May 25, 1999 (# 07\99)
Page 2 of 7
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QUEBECOR
March 29th 1999 PRINTING INC. 2/99
FOR IMMEDIATE RELEASE
QUEBECOR PRINTING ACQUIRES CAYFO, S.A.
ONE OF SPAIN'S LARGEST PRINTERS
BARCELONA, SPAIN - Quebecor Printing announced today the acquisition of the
second largest printer in Spain, Cayfo, S.A. The transaction strengthens the
Company's position in Europe and provides a strategic diversification into the
European book market. Cayfo had 1998 revenues of US $87 million and employs 430
people.
"The acquisition of Cayfo, one of the leading book manufacturers on the
continent, inaugurates Quebecor Printing's entry into the European book market,"
said Michel P. Salbaing, President and Managing Director of Quebecor Printing
Europe. "Cayfo has a solid reputation for high quality book printing and is the
major printer for Grupo Editorial Planeta, the largest publisher in Spain. Our
existing pan-European sales force will be expanded to offer book products
throughout the European Union and will allow us to better serve customers in the
large Hispanic market in South America with our facilities in Peru, Colombia and
Argentina," he said.
The printing industry in Spain is developing at a faster rate than in any other
European country due to lower production costs and favorable economic
conditions. In addition to books, Cayfo also maintains a strong market position
in commercial printing. With Quebecor Printing's Madrid-based operation,
Altair, where the Company has just completed a major plant investment, Quebecor
Printing becomes Spain's second largest printer offering Spanish publishers one
of the most modern, long-run, high pagination print facilities.
Quebecor Printing Inc. (NYSE:PRW; ME:IQI; TSE:IQI), a diversified global
commercial printing company, is the largest commercial printer in Canada and one
of the largest in the United States, Europe and South America. The Company is a
market leader in most of its major product categories which include magazines,
inserts and circulars, books, catalogs, specialty printing, related services,
CD-ROM mastering and replicating, directories as well as bonds and banknotes.
The Company has approximately 28,000 employees working in more than 115 printing
and related facilities in the United States, Canada, France, the United Kingdom,
Spain, Germany, Sweden, Finland, Chile, Argentina, Peru, Colombia, Mexico and
India.
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FOR FURTHER INFORMATION:
John Paul Macdonald Michel P. Salbaing
Director, Corporate Communications President, Managing Director
Quebecor Printing Inc. Quebecor Printing Europe
(514) 954-0101 011-33-1-55-62-11-11
(800) 567-7070
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April 19th, 1999 QUEBECOR 3/99
FOR IMMEDIATE RELEASE PRINTING INC.
QUEBECOR PRINTING ACQUIRES PRINTING ASSETS OF EDITORIAL PERFIL
BECOMES SOUTH AMERICA'S LARGEST COMMERCIAL PRINTER
BUENOS AIRES - Quebecor Printing announced today the acquisition of the printing
assets of Editorial Perfil, the largest publisher in Argentina, for US $ 12.5
million. The transaction establishes Quebecor Printing as the largest
commercial printer in South America. Concurrent with the acquisition, the
Company has signed a ten-year printing contract for Perfil's magazines valued
at US $400 million, including paper.
Perfil is Argentina's leading magazine publisher with sales of US $186 million
last year and a magazine market share of 40%. It sells more than 35 million
copies a year of some of Argentina's top magazine titles such as CARAS,
NOTICIAS, and SEMANARIO. Its printing assets include the only rotogravure plant
in the country providing Quebecor Printing an entry into the South American
rotogravure magazine and insert market. Perfil is a publishing partner of
Brazil-based Abril, South America's largest publisher, and employs 217 people at
its printing plant.
"With the acquisition of the printing assets of Editorial Perfil, not only do we
obtain a multi-year printing contract for some of the country's most prestigious
titles, we are also diversifying our asset base to include the long-run high
quality rotogravure process," said Guy Trahan, President of Quebecor Printing
South America. "After only a year and a half since our entry into South
America, we take pride in becoming the continent's number one printer. As
Quebecor Printing has done in Europe and North America, we are building a
continent-wide network of printing plants and services to serve customers on a
global basis."
Argentina has one of South America's most developed economic market. The
country's population of 36 million has a literacy rate of 96%. With magazine
market sales per capita at one third of US levels, the Argentine magazine market
has significant growth potential.
Quebecor Printing Inc. (NYSE:PRW; ME:IQI; TSE:IQI), a diversified global
commercial printing company, is the largest commercial printer in Canada and
South America and one of the largest in the United States and Europe. The
Company is a market leader in most of its major product categories which include
magazines, inserts and circulars, books, catalogs, specialty printing, related
services, CD-ROM mastering and replicating, directories as well as bonds and
banknotes. The Company has approximately 28,000 employees working in more than
115 printing and related facilities in the United States, Canada, France, the
United Kingdom, Spain, Germany, Sweden, Finland, Chile, Argentina, Peru,
Colombia, Mexico and India.
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FOR FURTHER INFORMATION:
John Paul Macdonald Guy Trahan
Director, Corporate Communications President
Quebecor Printing Inc. Quebecor Printing South America
(514) 954-0101 54 114 313-7196
(800) 567-7070
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May 25, 1999 QUEBECOR 07/99
PRINTING INC.
FOR IMMEDIATE RELEASE Page 1 of 2
QUEBECOR PRINTING ANNOUNCES $45 MILLION INVESTMENT
EXPANDS CANADIAN ROTOGRAVURE CAPACITY
TORONTO - Quebecor Printing announced today a CDN $45 million expansion of its
Toronto-based PE&E printing facility, the only facility in Canada using
rotogravure, a uniquely efficient process for printing four-color, long-run
retail insert and catalog work. The expansion is an important strategic move to
increase the Company's North American rotogravure market share and service
retailers throughout Canada and the United States.
The expansion will consist of the construction of a building extension and the
installation of two 91-inch wide-web rotogravure presses. Approximately 30 new
jobs will be created. The increase will bring the plant's print capacity to
four presses and is expected to be completed by mid-2000.
The expansion of the PE&E facility is in response to retailers' requirements for
increased page count of their catalogs and retail inserts. This increased
capacity will allow Quebecor Printing to expand its North American customer base
and assume the print work of major Canadian and American retailers. As the
printer with the country's only rotogravure facility, Quebecor Printing is
uniquely positioned to offer the benefits of a North American printing network
to national and international retailers.
"This investment reflects the strength of having an international franchise in
North America," said Charles G. Cavell, President and Chief Executive Officer of
Quebecor Printing. "We are responding to major Canadian and US retailers'
requirements for increased capacity and newer technology. PE&E will grow by 60%
once the expansion is completed and will be the major force in the Canadian
retail print market."
With the purchase in 1990 of the printing assets of the Maxwell Group in the
United States, Quebecor Printing has year after year expanded this franchise and
has become a major player in the North American rotogravure market. The recent
three-year retooling program has made its rotogravure network the most modern in
the industry. The Company's rotogravure position is concentrated largely on
retail inserts, catalogs and Sunday magazines for customers such as Sears,
PARADE, USA WEEKEND, Target, Montgomery Ward, K-Mart and Walgreens in the United
States. Canadian customers include Sears Canada, Canadian Tire, The Bay,
Shopper's Drug Mart, Wal-Mart and RadioShack. Total revenues in Quebecor
Printing's insert and catalog product segments in 1998 were US $1.4 billion.
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May 25, 1999 07/99
FOR IMMEDIATE RELEASE Page 2 of 2
QUEBECOR PRINTING ANNOUNCES $45 MILLION INVESTMENT
EXPANDS CANADIAN ROTOGRAVURE CAPACITY
Quebecor Printing Inc. (NYSE:PRW; ME:IQI; TSE:IQI), a diversified global
commercial printing company, is the largest commercial printer in Canada and one
of the largest in the United States, Europe and South America. The Company is a
market leader in most of its major product categories which include magazines,
inserts and circulars, books, catalogs, specialty printing, related services,
CD-ROM mastering and replicating, directories as well as bonds and banknotes.
The Company has over 28,000 employees working in more than 115 printing and
related facilities in the United States, Canada, France, the United Kingdom,
Spain, Germany, Sweden, Finland, Chile, Argentina, Peru, Colombia, Mexico and
India.
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For more information :
John Paul Macdonald
Director Communications
Quebecor Printing Inc.
Tel. (514) 954-0101
(800) 567-7070
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
QUEBECOR PRINTING INC.
By: (s) LOUIS SAINT-ARNAUD
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Name: Louis Saint-Arnaud
Title: Vice President, Legal Affairs
and Secretary
Date: MAY 26, 1999
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