American Greetings

American Greetings Corporation is a Cleveland-based company that designs, manufactures, distributes, and sells a variety of social expression products. Founded in 1906, the company operates through five segments, including North American and International Social Expression Products, Retail Operations, AG Interactive, and Non-reportable segments. Its product offerings encompass greeting cards, gift packaging, party goods, stationery, and boxed cards, alongside electronic greetings and digital services accessible via websites and mobile devices. The company's diverse brands include American Greetings, Papyrus, and Recycled Paper Greetings, among others, catering to a wide array of customer needs. American Greetings products are sold through various retail channels, including mass merchandisers, supermarkets, and independent shops. Additionally, the company creates and licenses intellectual properties, such as the Care Bears characters, enhancing its brand portfolio. As of early 2016, American Greetings operated 397 retail stores in the United Kingdom, further establishing its presence in the market.

Lorna Street

CFO

4 past transactions

Clintons

Acquisition in 2012
The business was family run and founded in 1968 by Don Lewin. The first store opened in Epping, Essex. By 1988 the business had grown to 77 stores. In 1994 the company had further grown to 277 stores. In October 1994 Clinton Cards acquired 83 shops from Hallmark Cards and in September 1995 acquired 112 shops from Carlton Cards. A further 211 shops were bought in 1998. 397 stores were purchased in June 2012 by American Greetings based in the USA and currently own Clintons. A full rebrand was put in place including where Clintons replaced Clinton Cards to denote the fact that we are a destination for all of life’s special moments and occasions. The customer experience entails a fresh new range of cards, gifts, gift wrap and stationery items. A new logo was needed to re-energise and reinvigorate Clintons. A refurbishment of all the stores was also put into action. There are currently circa 380 stores all over the UK, including Scotland, Wales and Northern Ireland as well as a transactional website.

Webshots

Acquisition in 2007
Webshots is a leading developer of a global image distribution platform that provides users with a diverse library of images, wallpapers, and screensavers for both desktop and mobile devices. The company's extensive collection features real location photographs, catering to a passionate audience seeking high-quality visual content. Positioned within the broader digital lifestyle market, Webshots leverages its strong user base to create growth opportunities and enhance its offerings. By aligning its services with other prominent properties in personal technology and entertainment, Webshots aims to meet the needs of its users while appealing to marketing partners.

MIDIRingTones

Acquisition in 2004
MIDIRingTones is one of the largest, fully licensed ring tone providers. In addition, it is a leader in application development, platform development, production and distribution. The company has provided applications and content for carriers including Verizon Wireless, Verizon International, U.S. Cellular, BellSouth International, Telefonica Moviles, Alltel, Midwest Wireless, Western Wireless, MetroPCS, and Telcel.

Egreetings

Acquisition in 2001
Egreetings Network, Inc. helps you say more and give more to the important people in your life.
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