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“It is by being in-market where you discover trends that facilitate growth.Īlta Capital Partners acted as financial advisors, and Hughes Hubbard & Reed LLP acted as legal advisor to Cartamundi on the transaction.Ĭartamundi is Latin for “Cards for the World.” With a history dating back to 1765, Cartamundi is the world’s leading manufacturer of card & board games and digital solutions. “ Being close to our customers enables us to serve their needs best,” said Stefaan Merckx, CEO of Cartamundi. A commitment to its customers, but also to the local economy and environment. This vast manufacturing network enables Cartamundi to deliver on its local commitment. Today, the Cartamundi group employs over 2,500 people on 4 continents. With the addition of USPC and Fournier, the Cartamundi group operates 13 manufacturing facilities and has an expected revenue of over $ 550 million. The renewed interest in card magic, the rise of the specialty and custom cards segment, and the rapidly evolving cardistry trend, offer strong growth potential for the group. In 2020, the Bicycle brand will mark 135 years as the most widely recognized and used consumer card brand. 2020 Is the 50 th anniversary for Cartamundi, while Fournier celebrates its 150 th anniversary. The combined heritage of Cartamundi, USPC, and Fournier is unrivaled in the playing cards industry. Michael Slaughter, CEO of USPC, continues: “Our commitment to delighting consumers, cardists, magicians and casino players with world-class quality remains our mission.” USPC CEO Michael Slaughter will assume membership on the Cartamundi Executive Committee. In 2018 USPC realized net sales of approximately 112 million US dollars.

city of Erlanger (Kentucky) and the Spanish city of Vitoria (Àlava). The United States Playing Card Company employs over 350 people and has manufacturing facilities in the U.S. USPC’s leading position in Spain is highly complementary with Cartamundi’s European footprint and fits perfectly in our plans for strategic growth.”

“The addition of USPC immediately allows us to take advantage of growing playing card sales in the U.S. “This is an exciting time for Cartamundi,” said Stefaan Merckx, CEO of Cartamundi. This acquisition marks the addition of the iconic Bicycle®, Bee®, Hoyle®, and Fournier® brands to the Cartamundi brands portfolio and is in line with Cartamundi’s strategy to strengthen its role as a key player in the global entertainment industry. Turnhout, Decem– The Belgian privately owned group Cartamundi today announced the completion of the acquisition of The United States Playing Card Company (USPC).

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