The deal will see the Canadian printer, which is currently in Chapter 11 creditor protection in the US, will print magazines and books for the New York-based publisher.

Jacques Mallette, president and chief executive at Quebecor World, said: "This successful partnership also shows the value of our strategy to integrate our magazine, book and directory operations into a single operating structure."

The deal made little impact on Quebecor World's share price, which is currently trading at around 16c.

Quebecor entered creditor protection at the start of the year and is currently battling to restructure and resurrect itself as a profitable entity. It closed its UK arm in Corby in January and has since disposed of its European assets.