​Card Factory acquires SA Greetings as it plans expansion into South Africa

Card Factory's like-for-likes jump 1.8% over the 11 months ending December 31 2014.

Card Factory has acquired the South African greetings cards and gift packaging wholesaler SA Greetings as it looks to expand into overseas markets. 

The greetings cards retailer has purchased SA Greetings Corporation and its subsidiaries for £2.5m.

 

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