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April 6, 2018
Spin Master has purchased the Etch A Sketch and Doodle Sketch brands from The Ohio Art Company.
The acquisition includes all brand-related patents, trademarks, tooling and inventory for the brands.
The company plans to increase the distribution for both brands by leveraging its global sales and partnership networks.
The Etch A Sketch acquisition follows Spin Master’s recent purchases of Italian game company Editrice Giochi in January and Cardinal Games in 2015.
“We are always open to exploring new relationships and part of success is seeing potential that others might overlook,” says Ben Gadbois, global president and chief operating officer, Spin Master. “Etch A Sketch and Doodle Sketch have a long and trusted history with consumers and we’re proud to add them to our portfolio. This acquisition allows us to create an arts and crafts super-category by developing and distributing new products under both brands.”
Read more about:Spin Master
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