A US-based board games and cards distributor has acquired a counterpart based in Lancashire.
Bliss Distribution has been snapped up by Peachstate Hobby Distribution (PHD) for an undisclosed sum.
The Blackburn company provides trading cards, toys, games and collectibles to businesses around the world.
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It has deals to sell the likes of Pokémon cards and has partnerships with Dungeons & Dragons and National Geographic.
PHD is a global distributor of sports cards, entertainment cards, collectible card games, board games, miniatures, and hobby-related supplies, based in Orlando, Florida.
Bliss director Cathryn Dunstan said: "I am incredibly proud of the growth that the company has achieved over recent years and the reputation that it has built within the toy and hobby sectors.
"As a result of this success, it became clear that the time had come for the business to be part of a larger organisation.
"PHD is the perfect company to take Bliss to the next level. The business has a wealth of experience that will ensure the company's continued growth and both the team and I are excited to be a part of the PHD family.
"I would like to take this opportunity to thank our suppliers, customers and the team at Bliss as without their support this would not have been possible."
Jim Grant, managing director of PHD, added: "We could not be more excited to enter the UK and EU markets through this acquisition and feel we have the perfect match with Bliss.
"The staff have experience, passion and dedication to providing customers with the absolute best buying experience in Europe.
"The European sports card market is expanding and has enormous potential for growth. PHD plans to be on the forefront of providing retailer and breaker support for sports trading cards."
Accountants and business advisory firm Beever and Struthers advised Bliss Distribution. Legal advice was provided by Farleys.
Legal advice to PHD was provided by a team at Blake Morgan while PKF Francis provided financial due diligence support.
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