Edison, New Jersey-based Designer Greetings Inc. has acquired Oklahoma City-based master greeting card distributor QPS and its sub distributors; United Wholesale, Cards N Such, Intermountain Greetings, Cards Plus, Northwest Cardco, MDS, Maida and Kibby.
This is the largest acquisition of a greeting card distributor in North America’s history and marks the 17th acquisition for Designer Greetings.
“QPS has been a distribution partner of Designer Greetings for over fifteen years,” said Steven Gimbelman, Designer Greetings CEO and president.
“We’ve developed a solid relationship over the years and the natural progression for an acquisition was imminent. QPS, under the leadership of Paul Casperson, grew the business over the years from repeated greeting card distributor acquisitions; namely United Wholesale, Northwest Cardco, Cards N Such, Intermountain Greetings, Cards Plus, MDS, Maida and Kibby. QPS has always provided excellent product and superior service to its thousands of partner retailers throughout the U.S. We are happy to welcome QPS to our family of partner acquisitions.”
Family-owned-and-operated since 1982, Designer Greetings started as a distributor before producing its own card line. This year marks its 40th anniversary. Designer Greetings is one of the largest greeting card publishers in North America with more than 24,000 designs. The company is expanding its headquarters in Edison, New Jersey, to facilitate 200,000 square feet of office and warehouse space.
For more information, visit designergreetings.com.
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