FP Newspapers Inc. (owner of the Winnipeg Free Press) has acquired The Carillon Weekly Newspaper and Derksen printing business located in Steinbach, Manitoba.
Derksen Printers Ltd., a family-owned business, has operated a commercial printing and newspaper publishing operation in Steinbach since 1936.  The business is the largest custom newspapers and commercial printing plant in rural Manitoba, producing a wide range of weekly and monthly publications in several different languages.  In addition to commercial web and sheet-fed printing, the business publishes The Carillon, a regional weekly paid newspaper serving Steinbach and south-eastern Manitoba. The Carillon has a weekly average circulation of approximately 8,000 copies and was selected winner of the “Best All Around Newspaper Award” for 2009 by the Manitoba Community Newspapers Association.  The combined printing and publishing revenues are $5.0 million annually and the business employs approximately 50 people in its 26,500 – square foot office and production facility located in downtown Steinbach, 65 kilometres southeast of Winnipeg.

“This is an excellent addition for FPLP and we’re very excited about the future prospects of both the commercial printing business and the award-winning weekly newspaper,” said Ron Stern, CEO of FP.  “The south-eastern region of Manitoba is the fastest growing area of the province, and the Derksen family has built a business that plays a key role in supporting the commerce and continued growth of this region.”

“We believe there’s a solid business base, and a motivated group of employees who we look forward to working with to grow the business in this very important part of the province,” said Dan Koshowski, CFO of FP.

Posted by Dennis