MGA Entertainment and Zapf Creation AG Complete Merger Forming MGA Zapf Creation GmbH
2024年7月16日 - 3:59PM
MGA Entertainment and Zapf Creation AG Complete
Merger Forming MGA Zapf Creation GmbH
LOS ANGELES; 16 July
2024 – MGA Entertainment, Inc. (MGA), one of
the largest privately held toy and entertainment companies in the
world, today announced that the merger with Zapf Creation
AG (Zapf), Europe’s leading manufacturer of
nurturing dolls, first announced in October 2023 has been
completed, creating the new wholly-owned subsidiary MGA
Zapf Creation GmbH.
“After more than 20 years working closely as two
separate companies, Zapf Creation has joined the MGA family and we
welcome them as a part of MGA,” said Isaac Larian, Founder and CEO,
MGA Entertainment, Inc. “We look forward to growing both businesses
and bringing smiles to children throughout Europe, the U.S., and
the rest of the world as one company.”
The companies will work toward consolidating the
businesses, taking advantage of opportunities like unifying our
approach with retail partners globally. No significant
organizational or operational changes are expected now or in the
near future in Germany post-merger. To that extent, Thomas Eichhorn
will remain President, MGA Zapf Creation GmbH.
###
About MGA Entertainment, Inc.MGA
Entertainment is one of the largest privately held toy
and entertainment companies in the world, known for
its commitment to creativity, quality, and
innovation. Headquartered in Los Angeles with offices
globally, the company creates innovative, proprietary, and licensed
consumer products and entertainment properties, including
toys, games, dolls, apparel, consumer electronics, home décor,
stationery, sporting goods, movies, and television series. The MGA
family includes award-winning brands such as L.O.L.
Surprise!™, Little Tikes®, Rainbow
High™, Bratz®, MGA’s
Miniverse™, Yummiland™, CarTuned™, GrossMos!™, Pixel
Petz™, Micro Games of America, Fluffie
Stuffiez™, BABY born®, and Zapf Creation®. For more
information, please visit us at www.mgae.com or check us out
at LinkedIn,TikTok, Instagram and Facebook.
Alan Hilowitz
MGA Entertainment, Inc. / MGA Zapf Creation GmbH
+1.818.221.4431
news@mgae.com