Teleflora has acquired Interflora UK. According to the former company, the business models of Teleflora and Interflora complement one another, as both have been connecting consumers with the world's best florists for decades.
"We've been very impressed by the strength of Interflora's brand in the UK, their management team, and their network of high-quality florists," said Jeff Bennett, president of Teleflora. "We have complementary businesses, as Interflora prioritizes their retail florists, and we've long held a strategy of putting our retail florists first."
Teleflora purchased Interflora for $59.5 million.
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