Printer Friendly

Jazwares acquires Russ Berrie, Applause brands.

M2 EQUITYBITES-June 11, 2018-Jazwares acquires Russ Berrie, Applause brands

(C)2018 M2 COMMUNICATIONS http://www.m2.com

Jazwares, LLC, a subsidiary of Alleghany Capital Corporation, has acquired the Russ Berrie and Applause brands, the company said.

The Russ Berrie brand originated in 1963 and has historically included a variety of gift items, such as stuffed animals, mugs, picture frames, figurines, greeting cards, and stationery. The Applause brand has included stuffed toys and collectible figurines since 1966. These well-known brands were acquired from Larsen & Bowman Holdings Ltd. and Maple Licensing Ltd. through Jazwares' affiliate, Zag Toys, LLC, a provider of the collectibles industry.

Alleghany Capital Corporation is a wholly owned subsidiary of Alleghany Corporation. Alleghany Capital Corporation sources, executes, and oversees certain investments and acquisitions for its parent company, Alleghany Corporation (NYSE: Y).

Jazwares, LLC is a global provider of consumer products, including toys, musical instruments and kid-friendly consumer electronics. Zag Toys was recently added to Jazwares' family of companies and is a consumer product and licensing company specializing in the design, sourcing, and distribution of innovative collectibles based on trending pop-culture and gaming brands.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2018 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Jun 11, 2018
Words:195
Previous Article:First Financial Bancorp completes merger with MainSource Financial.
Next Article:Banco Santander MA(c)xico appoints new deputy general director of risk.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters