Salt Lake-based O.C. Tanner Co. has acquired Fraser Hart Awards and Incentives through its wholly owned United Kingdom subsidiary B2B Initiatives Ltd.

Financial terms were not disclosed.

Seven-year-old Fraser Hart specializes in recognition products for the U.K. corporate market. Fraser Hart Awards and Incentives will become a trading name of B2B Initiatives Ltd.

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O.C. Tanner currently ships 2.5 million recognition awards annually, including 81,000 sent outside North America.

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