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StevePR104

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Reply with quote  #1 
This is NOT good news...sorry.

https://finance.yahoo.com/news/newell-brands-announces-agreement-sell-201500416.html


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Bulla

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Reply with quote  #2 
Looks like I'll be switching to EPCC decks.
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Anthony Vinson

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Reply with quote  #3 
Oh my...

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StevePR104

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Reply with quote  #4 
Buy the bricks while you can.
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Anthony Vinson

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Reply with quote  #5 
No kidding. Will today's Bicycles be tomorrow's Jerry's Nuggets?!

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Rudy Tinoco

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Reply with quote  #6 
What is it about this company that we should be concerned about? Are they known for bad quality?
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StevePR104

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Reply with quote  #7 
In my opinion, Cartamundi cards in general do not handle as well as USPC.  However, it also makes the Copag 30 cards which have gotten great reviews.  YMMV.

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Mike Powers

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Reply with quote  #8 
Cartamundi will likely use the USPCC equipment to continue to make the cards we're used to. I hope so!

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luigimar

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Reply with quote  #9 
Ooooh, boy!! 

Let's hope for the best... 

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EVILDAN

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Reply with quote  #10 
If you're going to buy a company like USPCC I would expect you would get their equipment, employees, etc. Their reason to buy would be to expand your line of items and profit or...eliminate competition so you're the only game in town.

The big question is was USPCC looking for a buyer or did Cartamundi approach them with an offer they couldn't refuse?
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RayJ

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Reply with quote  #11 
Quote:
Originally Posted by EVILDAN
If you're going to buy a company like USPCC I would expect you would get their equipment, employees, etc. Their reason to buy would be to expand your line of items and profit or...eliminate competition so you're the only game in town.

The big question is was USPCC looking for a buyer or did Cartamundi approach them with an offer they couldn't refuse?


Consolidation is rampant in business, period. There is an old adage that you either grow or die. If your sales aren't growing you buy another company. Growth through acquisition.

I'm in the construction chemicals business and have seen distributors gobble each other up and manufacturers too. Even contractors look to buy their competition or merge, form partnerships or strategic alliances. It is just the way it is. Soon there might be three card producers, who knows?

Just because a company is sold does not mean much will change. Internally they will likely unify their computer systems and operating software. They may pool their purchases to buy better, possibly necessitating changes in raw materials. They might eliminate duplicate administration, HR departments, etc.

The employees will likely see way more changes than we will.

If they change for the worse, sales will go down then they have to react.

The market will speak.
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RayJ

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Reply with quote  #12 
Couple of more things to add to the mix. 

First, USPCC acquired Fournier several years ago and to my knowledge, they didn't mess with the brand at all.  If someone knows otherwise, please share.

Second, as stated above, Cartamundi has come out with some excellent cards recently such as the Copag 310.  They have a new card stock called B9 True Linen which is excellent and appeals to cardistry practitioners as well as magicians.
The other new card stock, C9 has been used by several Kickstarter campaign producers and is reportedly very similar to Bicycle Air Cushion in quality.  Finally, they have introduced an even thinner card stock, E9, (don't know if it crushed like the USPCC thin stock) that while not as durable, is excellent for magicians who like softer, more flexible packs.  I believe the Cohort brand uses E9.

Who knows, maybe this is the beginning of yet another wave of quality cards in the market?
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Mbreggar

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Reply with quote  #13 
Agree with Mike P.
Manufacturing equipment is notoriously difficult to move, re-calibrate, adapt and restructure. Most manufacturing firms maintain the equipment (and people) as long as it is financially feasible and they can keep up the quality to support the brand. In essence, it is the BRAND they buy. Any major brand disruptions is counter to why many (not all) acquisitions occur in the first place. There are always exceptions, of course. Let's hope USPCC is not one of them.
(That's the management consultant in me speaking. Here's the realist consumer: Oh no! How much longer until the brand is shot to hell or prices go up 40%?)
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RayJ

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Reply with quote  #14 
Quote:
Originally Posted by EVILDAN
If you're going to buy a company like USPCC I would expect you would get their equipment, employees, etc. Their reason to buy would be to expand your line of items and profit or...eliminate competition so you're the only game in town.

The big question is was USPCC looking for a buyer or did Cartamundi approach them with an offer they couldn't refuse?


Dan, I think the answer is within the full press release.  This was apparently instigated by the owners of USPCC.  That is another trend, companies divesting themselves of firms that don't fit in with their core companies.  BASF, whom I used to work for is currently trying to unload several companies that don't fit in their future plans.  Similar to the conclusion Newell came to.

Newell Brands (NASDAQ:NWL) continues to make progress on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands, and today announced that it has signed a definitive agreement to sell The United States Playing Card Company (“USPC”) to Cartamundi Group, a leading manufacturer and distributor of playing cards and board games.
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Mbreggar

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Reply with quote  #15 
Oh ... here's a note of irony. Newall Brands (the previous owner of USPCC) also owns Sharpie! It's like Reese's separating peanut butter and chocolate! 
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Barden

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Reply with quote  #16 
USPCC has been for sale for awhile and is a rounding error in Newell's results. Newell is the product of a merger of two good sized consumer products companies a few years ago and has a number of brands you would recognize, the largest of which is probably Rubbermaid. Newell has been restructuring for awhile now and USPCC is probably in better hands for not being an afterthought of a much larger company.
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Tom G

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Reply with quote  #17 
I read another point that I have no clue if it's correct or not.. but they said Cartamundi has good quality control.  Just because they make lower cost cards for general consumption doesn't mean they can't make good quality cards.  Wonder if they will change the rules when it comes to the Bike gaffs??
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Dave Campbell

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Reply with quote  #18 
just to be on the safe side, I've added 2 or 3 boxes of Bikes to the Costco shopping list for next week.

No matter what, things aren't going to change any time real soon, but I'm sitting on a few boxes now, so would be a while before I NEED to make the trip.

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RayJ

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Reply with quote  #19 
Quote:
Originally Posted by Dave Campbell
just to be on the safe side, I've added 2 or 3 boxes of Bikes to the Costco shopping list for next week.

No matter what, things aren't going to change any time real soon, but I'm sitting on a few boxes now, so would be a while before I NEED to make the trip.


Probably not a bad idea in any case.  
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EVILDAN

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Reply with quote  #20 
Chris Ramsey got word from Cartamundi that they are going to run as separate companies. That's good.

It looks like whoever owns USPCC now was looking for a buyer. Good thing it was Cartamundi and not say, a company like Kraft Foods.
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Mike Powers

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Reply with quote  #21 
It may be that the new owners of USPCC won't have the aversion to altering the back design of the 808s. Could be good for our little world of magic.

M
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DJ

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Reply with quote  #22 
Lee Asher shared his thoughts on the merger...

%5BVIDEO%5D+Do+You+Agree++FIRSTNAME+%3F&utm_campaign=My+Thoughts+About+USPCC+%2F+Cartamundi+Merger

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RayJ

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Reply with quote  #23 
I left a comment on Lee's page but I generally agree with most of what he presented in the video.  No need for alarm.  It will all work out in our favor in the long run I'm sure.
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Jeremy Salow

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Reply with quote  #24 
I find the concern of Bicycle quality going down with the purchase puzzling. Bicycle quality has been not up to snuff for a while now. Every once in a while you get a very good deck, but in my experience, most (other than specially made such as gold seals) are decent to just plain horrible. I haven't used to new Cartamundi decks everyone is talking about, but the consensus seems to be that they are great quality. Perhaps this is end up improving the quality of Bikes as a whole.
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RayJ

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Reply with quote  #25 
Quote:
Originally Posted by Jeremy Salow
I find the concern of Bicycle quality going down with the purchase puzzling. Bicycle quality has been not up to snuff for a while now. Every once in a while you get a very good deck, but in my experience, most (other than specially made such as gold seals) are decent to just plain horrible. I haven't used to new Cartamundi decks everyone is talking about, but the consensus seems to be that they are great quality. Perhaps this is end up improving the quality of Bikes as a whole.


Jeremy, one thing I have noticed is that USPCC does occasionally have issues keeping the borders even on their cards.  I even have an expensive Theory 11 deck that has this issue which surprised me.  On one deck the indices are very close to the edge also.  So you are correct with regard to the spotty nature of their production.

I have bought several Cartamundi decks and the small sample size I have look good.  I'm hoping that the quality of both companies improves as a result of shared knowledge and best practices.
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EndersGame

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Reply with quote  #26 
I'm in Lee Asher's camp on this.  I don't quite share his level of excitement, but I don't think this is bad news. 

I've written an article about the acquisition with more of my thoughts about the implications of it here:

The Cartamundi Brand: USPCC's Competition and Now Their New Owner



 


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