Dracco UK changes hands
Company’s UK wholesale arm will trade as Bliss Distribution Ltd. following acquisition by manager Cathryn Dunstan
Dracco UK has been acquired by Cathryn Dunstan, a key manager at the company, and will trade under the new banner Bliss Distribution Ltd.
Despite ownership and name changes, the company will “continue its current business” according to Dracco co-owner and Managing Director Henrik Andersen, selling non-Dracco branded toys, trading cards and collectables.
“This will provide continuity to our staff, customers and suppliers,” Henrik added. “We would like to take this opportunity to thank Cathryn and all our staff for their dedicated support and to wish them every success in the future.”
Henrik said the sale of Dracco’s wholesale business in the UK will support its strategy to focus on “core business and increase our investments in brand development and global sales of our Dracco branded product range.”
Cathryn Dunstan said: “I am delighted to have acquired the company and am looking forward to ensuring the further growth and success of the business. I would like to thank all of my colleagues in the UK who have been incredibly supportive as well as our suppliers and loyal customer base.
“The team and I have a passion for what we do and are proud of the high level of customer service that we provide. We are lucky enough to be able to offer a huge range of market-leading brands from the world’s best manufacturers.”
The company will officially change its name to Bliss Distribution Ltd on 16 July 2018.