November 22, 2022
Spin Master announced an agreement to acquire Canadian-based 4D Brands International (4D), a puzzle model construction brand.
4D has a signature line of 3D model construction kits, where puzzlers can create replicas of well-known historical landmarks, pop culture elements and movie memorabilia. The break-frame model kits include distinctive features and have become premium collectibles for fans of franchises including Star Wars, Disney, Harry Potter, Marvel Universe, DC Comics and many more licenses.
"At Spin Master, we've always been attracted to the timelessness and year-round enjoyment of puzzles," says Anton Rabie, co-founder, Spin Master. "4D Puzzles offers innovation for a classic pastime and puts puzzling under a new lens with new form factors, fantastic detail and a rich constructing experience. We love Shaun's approach to creative development and as fellow entrepreneurs, have admired his journey to become a disruptive force within puzzles. We can't wait to collaborate and grow together in our latest quest to infuse innovation into this strategic category."
"As part of our long-term growth strategy, we're focused on finding new path-breaking acquisitions that will further expand our presence in key categories of play, as well as expanding our reach and connection with consumers," says Max Rangel, global president and chief executive officer, Spin Master. "The acquisition of 4D will give Spin Master the opportunity to inject innovation into our puzzle portfolio with new form factors, iconic licenses and elevated construction models that will inspire puzzlers, kids and families to reach for new heights in their next puzzle experience."
The acquisition is expected to close in January 2023. Following the close, Shaun Sakdinan, founder, 4D Puzzles, will join Spin Master as senior director, design. The acquisition of 4D will bolster Spin Master's position within the games and puzzles category, providing a platform for global growth.
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