Jazwares has acquired a majority interest in Zag Toys, a division of Zacks Enterprises.

Zag Toys is a leader in the collectibles business, specialising in the licensing, design, and sourcing of innovative and on-trend products and toys.

Judd Zebersky, chief executive officer and President of Jazwares, commented: “Driven by the creativity of its principals, Judd Karofsky and Stacy Larsen, Zag Toys has built an impressive reputation in the industry for transforming some of the hottest pop culture and gaming brands into collectible toy lines. We are excited to partner with Zag Toys and believe our two companies share deep-rooted principles focused on creating quality products that speak to fans of all ages. Together, we will be able to further expand the 360 degree toy experience.”

Judd Karofsky, president of Zagwear, stated: “We are thrilled to join Jazwares and leverage its unique perspective, product development expertise, and global reach to break new ground in the consumer products industry. Our two companies share dynamic and creative cultures and we are enthusiastic about what we can create together.”