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 PRESS RELEASE ISSUED ON MARCH 14, 2002
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QUEBECOR WORLD INC. (FORMERLY KNOWN AS QUEBECOR PRINTING INC.)
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(Translation of Registrant's Name into English)
612 Saint-Jacques Street, Montreal, Quebec, 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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Press Release
of
QUEBECOR WORLD INC.
(Formerly known as Quebecor Printing Inc.)
Filed in this Form 6-K
Documents index
1. Press Release issued on March 14, 2002 (#03/02).
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[QUEBECOR WORLD LOGO]
MARCH 14 , 2002 03/02
FOR IMMEDIATE RELEASE Page 1 of 2
QUEBECOR WORLD INC. CONFIRMS CLOSING OF THE ACQUISITION OF
HACHETTE FILIPACCHI PRINTING ASSETS IN EUROPE
MONTREAL, CANADA--Quebecor World Inc. announced today that all necessary
regulatory approvals have been obtained for the acquisition of the Hachette
Filipacchi Medias printing assets in Europe and that it will now begin
integrating these into its European platform.
The assets include printing and bindery facilities in France and Hachette's
50% ownership of Helio Charleroi in Belgium. Compagnie Nationale a
Portefeuille (a public investment firm controlled by the Frere family of
Belgium) will retain its 50% ownership of the facility until September 2004.
Hachette Filipacchi Medias is one of the world's leading publishers of consumer
magazines and as part of the transaction it is entering into a long-term
agreement with Quebecor World to print many of its magazines in Europe. The
value is estimated to be $400 million over the term of the contracts, excluding
paper.
"This type of acquisition with a printer/publisher that includes guaranteed work
is ideal in that it benefits both companies," said Charles G. Cavell, President
and CEO of Quebecor World Inc. "Hachette is able to concentrate on its core
publishing business and we are able to grow our manufacturing platform with the
security of a long-term enabling contract. This is a strategy we will continue
to pursue in all our geographies."
The plants in France and Belgium operate long-run gravure presses printing
magazines, catalogs and retail inserts. Some of the magazine titles include
Paris Match, Elle, Parents, and two TV listing publications which are two of the
largest weekly magazines in France with circulations of three and two million
respectively.
"This transaction will strengthen our European platform," said Vincent Bastien,
President Quebecor World Europe. "We are adding an excellent facility in a new
country, Belgium and the addition of the Hachette equipment in France will allow
us to produce Hachette magazines on a multi-plant platform thereby reducing
delivery time."
Quebecor World Inc. (NYSE, TSE: IQW) is the largest commercial print media
services company in the world. The Company is a leader in most of its major
product categories, which include magazines, inserts and circulars, books,
catalogs, specialty printing and direct mail, directories, digital pre-media,
logistics, mail list technologies and other value-added services. The Company
has approximately 40,000 employees working in more than 160 printing and related
facilities in the United States, Canada, Belgium, France, the United Kingdom,
Spain, Switzerland, Austria, Sweden, Finland, Brazil, Chile, Argentina, Peru,
Colombia, Mexico and India.
FOR IMMEDIATE RELEASE Page 2 of 2
Web address: www.quebecorworld.com
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FOR FURTHER INFORMATION, PLEASE CONTACT:
Jeremy Roberts
Director, Corporate Finance and
Investor Relations
Quebecor World Inc.
(514) 877-5118
(800) 567-7070
Tony Ross
Director, Communications
Quebecor Word Inc.
(514) 877-5317
(800) 567-7070
Vincent Bastien
President and CEO
Quebecor World Europe
+33 1 55 62 11 22
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 WORLD INC.
By: /s/ Marie D. Hlavaty
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Name: Marie D. Hlavaty
Title: Vice President, General Counsel & Secretary
Date: March 14, 2002