SUSSEX — Quad/Graphics, Inc. has sold its QuadExpress third-party logistics business for $40 million to Mullen Group Ltd., one of Canada's largest logistics providers, according to a Wednesday news release.

Who bought Quad Graphics?

The Minnesota-based CJK Group has purchased Quad/Graphics Versailles book printing facility, according to the companies. According to employees, the general counsel for the new owner said CJK Group will assume existing customer contracts and none of the Quad workers will lose their jobs.

Is Quad Graphics still in business?

-based Quad closed out a tumultuous 2020 by announcing it will permanently cease print manufacturing operations at three production facilities in early 2021, impacting approximately 650 workers.