Disticor has just announced that they have recently signed an agreement with LMPI, a division of LS Distribution North America, to purchase its North American distribution operations.
Since it was established more than fifty years ago, LMPI has maintained solid relations with many international publishers, which has contributed to their success distributing some 3,000 imported titles through 3,000 specialized retailers, many of which are in Quebec.
Disticor is a good fit for LMPI`s business because Disticor already operates Disticor Direct, which also specializes in international titles, seeking both Canadian and USA specialty distribution.
Mark Lafranier, President, Dsiticor, estimates that 60% of the acquired titles are English language and 40% are French language specialty publications. The Disticor team is busy working on ramping up their tie-line operation, and expect to begin distribution of the new line of titles to the newly acquired accounts effective June 1st, 2016.
This is good news for the Canadian newsstand business.