TC Media Acquires ERPI (Éditions du renouveau pédagogique inc.) from Pearson

Pearson (LSE: PSON) and TC Media, part of Transcontinental Inc. (TSX: TCL.A TCL.B), announce the sale of ERPI (‘Éditions du renouveau pédagogique inc.’) by Pearson to TC Media. ERPI is a Québec educational publisher founded in Montréal in 1965 and acquired by Pearson in 1989.

“We are proud to acquire ERPI, a long-standing educational publisher”, said Patrick Lutzy, President of TC Media. “This acquisition fits perfectly with our growth strategy as it complements TC Media’s educational products offering, both print and digital, and provides an opportunity to further grow ERPI’s brand alongside our brands such as Chenelière Éducation, Beauchemin and Modulo. I wish a very warm welcome to ERPI’s team.”

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