Vistaprint, a provider of business cards and
personalised products is to acquire
Albumprinter, a Dutch photo book specialist for
up to €65 million (£57 million). In the UK,
Albumprinter operates Bonusprint.
Apparel cataloguer House of Bruar saw profits
fall 30 percent in the year ending January 2011, writes Scottish
newspaper the Herald. According to the article, its owners
are looking to sell the business, “provided that a fair
price reflecting the significance of The House of Bruar”
could be agreed. It also reported that offers of approximately
£50 million have been made, but a spokeswoman declined to
comment further. Pretax profits last year were £2.9 million,
compared with £4.1 million in 2009-10. Turnover during the
period rose from £17.5 million to £18.6 million.
After emerging from Chapter 11 bankruptcy protection last month,
Harry & David, the US-based gourmet foods
marketer, has hired a new chief executive. Craig Johnson was
previously chief supply chain officer of musical instruments
retailer Guitar Center.
Oracle‘s shopping spree continues: It bought
software provider Endeca last week, and
yesterday announced the acquisition of cloud-based customer
service provider Right Now Technologies for $1.5
billion.
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