Crown Crafts Acquires Manhattan Toy

March 28, 2023

Crown Crafts, Inc. (Nasdaq: CRWS) has acquired Manhattan Toy, a Minneapolis-based maker of developmental toys and early-childhood products. D.A. Davidson served as exclusive financial advisor to Manhattan Toy and its parent H Enterprises International in the sale to Crown Crafts, which expands Crown Crafts' juvenile product portfolio.

Buyers
Crown Crafts, Inc.
Targets
Manhattan Toy
Sellers
H Enterprises International
Location
Minnesota, United States
Transaction Type
Buyout

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