Parties
Company
Pratico Éditions
Company
Pratico Édition Cuisine
Company
Pratico Média
Groupe Pratico completed the acquisition of the Pratico-Pratiques companies, including Pratico Éditions, Pratico Édition Cuisine, and Pratico Média. This strategic move consolidates these entities under a unified banner, aiming to enhance operational efficiency and foster growth.
The financial terms of the transaction have not been publicly disclosed.
Pratico-Pratiques has evolved into a prominent independent publishing house in Quebec with a portfolio that includes popular magazines such as "5 ingrédients, 15 minutes" and "Je cuisine," as well as a diverse range of books, many of which are bestsellers in the region.
With this acquisition, Jean Labranche assumes the role of President of Groupe Pratico.
A Fasken team composed of Henrick Simard, Julien Langlois and Ali Aziez advised the Pratico-Pratiques companies in this sale.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
11 July 2024