In the acquisition process, the decision was made to retain Meccano’s manufacturing base and industrial facilities located in Calais, France, to optimise serviceability to European markets.
Ben Gadbois, Spin Master’s global president and chief operating officer, commented: “We are pleased to welcome Meccano and all its employees to Spin Master, and are eager to grow the brand through our innovation process and distribution network. We want to thank the Meccano leadership team, 21 Centrale Partners and Lincoln International for the hard work and diligence through the acquisition process.”
Michaël Ingberg, CEO of Meccano, added: “We are extremely happy to be part of Spin Master, and are excited with the culture and track record of continuous innovation. I have the utmost respect and confidence in the Spin Master leadership team, and am eager to help Spin Master position Meccano as an even stronger competitor in the Construction Toys category.”
Growing nearly 20% year-to-date in 2013, Spin Master is strategically focused on driving immersive extensions to many of its toy lines through the creation of entertainment properties, companion applications, games and digital experiences that are suited for changing consumer play patterns.
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