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
- Industry
- Consumer Products
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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