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Fexco takes Gift Voucher stake

Kerry-based financial services group Fexco has taken a majority stake in The Gift Voucher Shop.

The Gift Voucher Shop, an Irish-owned company, was set up in 2002 and sells gift vouchers for more than 550 businesses.

It has a distribution partnership with An Post to sell vouchers through 1,000 post offices in addition to its online shop, www.giftvouchershop.ie.