
Card Factory has agreed to acquire online personalised card and gift retailer Funky Pigeon from WH Smith for £24 million, in a strategic move to significantly boost its digital offering.
Funky Pigeon, operating from Guernsey and Bristol, specialises in personalised cards and gifts, generating average annual sales of £32 million. Card Factory, which boasts over 1,000 stores across the UK, aims to expand its online business.