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This acquisition enables Harrier to provide High Street dealers and retail buyers more choice in Photo & Photo Gift and strengthens Harrier’s position in the UK digital photography fulfillment market.
5th February 2008 - NEWTON ABBOT, Devon, UK – Harrier LLC today announced that it has signed a definitive agreement to acquire the assets of TopFoto Ltd and FotoGift Ltd in Administration.

Harrier’s expertise in the supply of analogue and digital photo and photo gift services, coupled with the additional dealer capability brought by these assets will rapidly enhance Harrier’s ability to fulfill all types of Photo / Photo Gift requirements for all sectors of this growing market for analogue and online photo printing, significantly broadening Harrier’s photo gift range.

“Bringing together TopFoto with Harrier LLC is a strategic move for us. It allows us to widen our offerings to our wholesale customers and enable them to widen their offers to their customers, “ says Graham Clark, Financial Director.

The acquisition, which is subject to various standard closing conditions, is expected to closed 5th February 2008.

About Harrier LLC
Harrier LLC is a major photo and photo gift fulfillment company in the UK based in the West Country, and is part of the District Photo Group(USA) who are the leading Photo and Photo Gift fulfillment company in North America

For more information please contact: Carolyn Searling, 01626 322041, csearling@harrierllc.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of Harrier L L C in the following categories: Business & Finance, for more information visit http://pressreleasewire.responsesource.com/about.