5 December 2024 - acquisition

The UK's leading specialist retailer of greetings cards and associated products, has announced the acquisition of Garven Holdings LLC, a leading US designer and wholesaler of gifts and celebration essentials.  The latter, based in Minnesota, has an established customer base of general and speciality retailers and its acquisition will be the group's first physical entry into the US gifts and celebrations essentials market, which is the largest in the world at £70bn.  The purchase will also be complementary to the group's existing wholesale supply agreement covering 1,100 stores across the US  and . . .

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