Spin Master Ltd. completed the acquisition of Meccano, the 112-yearold construction toy brand (known as Erector Set in the US). Spin Master, Canada's largest toys and entertainment company for children, has announced its strategic long-term growth plans, only recently having also acquired the SpyGear and Perplexus brands. The Meccano acquisition broadens the platform from which Spin Master can compete aggressively with the world's most recognizable building toy brands. The purchase price of the acquisition is undisclosed.
Spin Master has been designing, developing, manufacturing and marketing consumer products for children globally since 1994 and is recognized as a global growth leader within the toy industry.
Meccano toy products, first produced in 1901, are currently sold in more than 50 countries. A large part of the Meccano range is manufactured in the historic factory in Calais, France.
Spin Master was represented by Chris Harrs, executive vice president and general counsel, and a team from Torkin Manes LLP that included Jeffrey Cohen, Violet French, Fay Sulley and Alison Ronson. The team at Torkin Manes was assisted with French law matters by Thierry Brun, Ali Baydoun and Anne Toupenay-Schueller of Jeantet Associés and by Henri Galimidi of HM Galimidi, as well as by Beth Miel of Jeffrey Green Russell Limited for UK matters and by Pamela Leong and Ian Wood (corporate) of Simmons & Simmons for Hong Kong matters.
The selling shareholders of Meccano included the private equity firm 21 Centrale Partners and were represented by French firm De Pardieu Brocas Maffei with a team that included Jean-François Pourdieu and Matthieu Candia.