Spin Master Acquires Melissa & Doug for $950M
January 2, 2024
Spin Master Corp. completed the acquisition of U.S.-based Melissa & Doug for $950 million, with the parties agreeing to eliminate a previously announced contingent earnout of up to $150 million. The deal, sold by AEA Investors, expands Spin Master's early childhood product portfolio and strengthens its reach in specialty retail and e-commerce channels.
- Buyers
- Spin Master Corp.
- Targets
- Melissa & Doug
- Sellers
- AEA Investors
- Industry
- Consumer Products
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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