Kalan LP, a leading manufacturer of gift and novelty products, has acquired Funworks, a former division of Stravina that specializes in souvenir gifts and personalized items. According to CFO Andrew Kalan, "Our focus has always been to provide great service and innovative, competitively priced products for our customers. This acquisition is a great opportunity for Kalan to broaden our product offering and to strengthen our position in the souvenir, resort, and tourist marketplace. Funworks' great designs and extensive library of souvenir artwork, combined with Kalan's experience and leadership in managing rack programs, makes for a great combination."
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