B – The Belgian corporate group, Cartamundi, has announced the successful takeover of the United States Playing Card Company (USPC). In this way, the corporate group is expanding its brand portfolio to include the cult brands, Bicycle, Bee, Hoyle and Fournier. Including USPC and Fournier, the Cartamundi group operates 13 production sites worldwide in Japan, India, Poland, Germany, France, Belgium, Great Britain, Ireland, the USA and Brazil and currently has a headcount of over 2,500 employees.
Stefaan Merckx, CEO of Cartamundi, sees the takeover as an important step for the strategic growth plans: “We are excited about the opportunity and look forward to welcoming The United States Playing Card Company to the Cartamundi group. USPC is a globally renowned company and, like us, has a passion for its products and consumers. The segments in which USPC operates are perfectly complementary to those of Cartamundi.” According to own accounts, the group is expecting its turnover to amount to 550 mil. Dollars.