Quebecor World has expanded its business in Latin America, signing a $40 million deal and making pacts with customers who are expanding into the region.
The Montreal printer inked an agreement with Telefonica de Espana to print directories in Brazil, Chile, Argentina and Peru. Under the terms of the deal, which may exceed $40 million, Quebecor World will produce white and yellow pages at its facilities in Brazil, Argentina and Chile. The printing job, of more than 9 billion printed pages, represents about half of the directory pages the company prints in Canada.
Reader’s Digest and Avon also made deals with Quebecor World, allowing the companies to reach customers in the region.
A multi-year agreement to print magazines for Reader's Digest has been concluded. The monthly, quarterly and special-edition magazines will be distributed to Reader's Digest customers in Peru, Colombia, Ecuador, Venezuela, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama. The printer already produces books for Reader's Digest in Mexico.
In a pact with Avon, Quebecor World will manufacture all of the company’s catalogs for distribution in Peru, Chile and Bolivia.
