Quebecor Acquires Gestev
Leading sporting and cultural event manager
MONTREAL, QUEBEC -- (Marketwired) -- 05/24/13 -- Quebecor is pleased
to announce the acquisition of Gestev, a dynamic sporting and
cultural event management company that enjoys a high profile
throughout the Quebec City area. Patrice Drouin and Chantal Lachance,
cofounders of Gestev, and their entire team will bring their
expertise to Quebecor; they will support Quebecor's drive to maintain
its status as Quebec's entertainment leader and work with its
partners to help make the new Quebec City Amphitheater a hub of
entertainment, sport and culture. Gestev has been responsible for
many high-calibre events, including the well-known Red Bull Crashed
Ice extreme race, the International Mountain Bike Festival and World
Cup (known as the Velirium), the Transat Quebec Saint-Malo, Sprint
Quebec (FIS Cross-Country World Cup), which is the only urban world
cup course in the Americas, and the latest Snowboard Jamboree, which
included the FIS Snowboard World Championships. Since Gestev was
founded in 1992, its events and festivals have helped catapult the
Quebec City region on to the international stage.
"Quebecor is very happy to join forces with experts of this calibre,"
said Robert Depatie, President and CEO of Quebecor. "They are among
Quebec's most talented event managers and their know-how is
recognized world-wide. Patrice Drouin and Chantal Lachance are
brilliant, astute visionaries, champions in their field, who are
passionate and totally invested in their work. We definitely share
the same values. By teaming up with the best local talent, we are
confirming the commitment we have made to Quebecers: to make the
Quebec City Amphitheatre a temple of entertainment that provides
spectators with the best possible experience. It will offer a varied,
compelling program of events, designed specifically for Quebec City
residents and all Quebecers. That is our mission at Quebecor."
"My partner Chantal Lachance and I are exceedingly pleased with this
strategic alliance with Quebecor," said Patrice Drouin, president of
Gestev. "We are confident that joining the Quebecor family will
enable us to build on our 22 years of experience to go farther, to
add to our past accomplishments and push the creative envelope. The
future looks promising indeed! The new Quebec City Amphitheatre will
also open the door to new types of events. It will serve as a
gathering place for Quebecers and Gestev intends to help develop and
produce entertaining events there that are accessible to all."
"Becoming part of Quebecor is very motivational for our entire team,"
said Chantal Lachance, vice president and operations manager of
Gestev. "It will help us take our productions to another level and
enable us to increase economic, social and tourism benefits for the
entire community. We are all very proud to be joining the Quebecor
family and we believe strongly in the potential of this new
Putting Quebec in the international limelight
Established in 1992, Gestev develops and organizes distinctive events
that stand out in Quebec and internationally. Over the years, Gestev
has set new standards in event organization and production, adding a
festive dimension to high level sporting events by introducing music
and entertainment, and by making the competitions accessible to all.
Gestev has produced a hundred major events over the past 22 years,
including Red Bull Crashed Ice, Velirium, Transat Quebec Saint-Malo,
Sprint Quebec and Snowboard Jamboree. Together, they have generated
economic spinoffs estimated at more than $400 million for Quebec.
Gestev has also been a leader in showcasing the spectacular beauty of
the Quebec City area, from its architectural and urban attractions to
the natural splendour of the surrounding region. The team has
produced hundreds of hours of video that have been viewed around the
world, providing incomparable publicity and promotion for the Quebec
City area. As well, Gestev engages in experiential and event
marketing for various companies, designing and producing promotional
events directly on the ground. It is also engaged in managing
sponsorships and developing partnerships, and since 2008 it has been
the manager of the Baie de Beauport resort. Gestev has approximately
40 employees. All its offices are located in the Quebec City area.
Quebecor Inc. (TSX:QBR.A)(TSX:QBR.B) is a holding company with a
75.4% interest in Quebecor Media Inc., one of Canada's largest media
groups, with more than 16,000 employees. Quebecor Media Inc., through
its subsidiary Videotron Ltd., is an integrated communications
company engaged in cable television, interactive multimedia
development, Internet access services, cable telephony and mobile
telephony. Through Sun Media Corporation, Quebecor Media Inc. is the
largest publisher of newspapers in Canada. It also operates Canoe.ca
and its network of English- and French-language Internet properties
in Canada. In the broadcasting segment, Quebecor Media Inc. operates,
through TVA Group Inc., the number one French language conventional
television network in Quebec, a number of specialty channels and,
through Sun Media Corporation, the English-language SUN News channel.
Another subsidiary of Quebecor Media Inc., Nurun Inc., is a major
interactive technologies and communications agency with offices in
Canada, the United States, Europe and Asia. Quebecor Media Inc. is
also active in magazine publishing (Publications TVA Inc.), book
publishing and distribution (Sogides Group Inc., CEC Publishing
Inc.), the production, distribution and retailing of cultural
products (Archambault Group Inc., TVA Films), video game development
(BlooBuzz Inc.), DVD, Blu-ray disc and videogame rental and retailing
(Le SuperClub Videotron ltee), the printing and distribution of
community newspapers and flyers (Quebecor Media Printing Inc.,
Quebecor Media Network Inc.), outdoor advertising (Quebecor Media Out
of Home), news content production and distribution (QMI Agency), and
multiplatform advertising solutions (Quebecor Media Sales).
Patrice Drouin and Chantal Lachance will be available for interviews.
Vice president, Public affairs
Director, Media relations
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