The 51% share has been bought by financial document services group Merrill Corporation, which now owns 100% of QMC. The division has offices in Montreal, Toronto, Calgary and Vancouver. Quebecor sold the stake for an undisclosed sum.
"In addition to further investing in our current capabilities, we will also be expanding the services offered to the legal, financial and corporate community," said Rick Atterbury, president and chief operating officer of Merrill Corporation.
Last year Quebecor sold five US operations for 40m in December and six Canadian divisions for 26m in November.
- Management at Quebecor World's Corby plant is in talks with Amicus GPMS over more possible job cuts. The firm declined to comment on the number of positions involved.
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