PICKERING—  Web Offset Publications which went into bankruptcy protection for the third time in January  has been bought out of bankruptcy by Mike Fredericks. Mike also  owns Annex Publishing and Printing  in  Simcoe Ontario. Annex's  the largest trade publisher in Canada also publishes  Print Action ( for the printing industry) . Web Offset has been renamed Renaissance Printing and will continue to print for the publishing industry. Web Offset owed about $ 6 million to creditors. Annex was  also a creditor. 
   Web Offset Publications established in 1962 and primarly printed magazine , cataloges and directories . Web Offset  Publications sold to the independent publisher market in central Canada. They were number 48 on Graphic Monthly's list of the top printers in Canada with sales of about $22 million. John Bacopulos who was  CEO before will be staying on as President.