Gaming Partners International Corporation (GPIC), a leading worldwide provider of casino currency and table gaming equipment, has purchased certain assets of The Blue Chip Company, a privately‐held manufacturer of compression‐molded gaming chips. This transaction is part of GPIC's previously announced strategy to use its strong cash position to acquire companies, products or technologies to enable it to grow its product offerings.
“We are pleased to acquire Blue Chip's product portfolio,” said Gregory Gronau, president and CEO of GPIC. “This acquisition unites sister compression‐molded clay chip products developed by the Endy brothers, Paul and Charlie. It enables GPIC to expand its suite of currency product offerings to new and existing customers, while continuing to serve the market with our premium Paulson clay chip products.”
“On behalf of The Blue Chip Company, we are pleased to complete this transaction with GPIC,” said Charlie Endy, managing member for Blue Chip. “We are confident in their ability to continue to support our customer base and grow the brand.”