Card Factory (GB:CARD) has released an update.
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Card Factory, the UK’s top greeting cards and gifts retailer, has entered the US market by acquiring Garven Holdings, LLC for $25 million. This strategic move aligns with Card Factory’s international growth ambitions, capitalizing on the $70 billion US celebration essentials market. The acquisition is expected to enhance Card Factory’s product offerings and expand its presence in the world’s largest market for celebration occasions.
For further insights into GB:CARD stock, check out TipRanks’ Stock Analysis page.
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