The Dutch toy manufacturer EXIT Toys will be in the hands of the German industry peer Simba Dickie Group, the companies announce on Wednesday. The German concern is known for the model train brand Märklin, among other things.
EXIT Toys started developing garden-sized football goals in 2011. The company now has an annual turnover of 35 million euros and supplies outdoor toys through major retailers at home and abroad, such as Hornbach, SPIEL-PREIS.de, OBI Baumarkt and Wehkamp.
The family business Simba Dickie Group has an annual turnover of more than 700 million euros. The company is one of the five largest toy manufacturers in Europe, has more than 3,000 employees and a range of some 4,000 toy items.
Financial details of the acquisition have not been disclosed.
*The article has been translated based on the content of Source link by https://www.nu.nl/economie/6086680/duitse-speelgoedfabriek-neemt-nederlandse-groeier-exit-toys-over.html
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
These were the details of the news German toy factory acquires Dutch grower EXIT Toys | NOW for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at news1.news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.