Toy State Buys RC Company Nikko

Global toy company Toy State has secured the worldwide rights to remote-control toy manufacturer Nikko by acquiring the consolidated operations of its Japan and Hong Kong offices, as well as Nikko Entertainment, the European arm of the company.

Nikko manufactures a robust portfolio of RC toys from custom vehicles, boats and flying items to an array of preschool RC toys and boasts a number of high-profile licenses with global automakers and brands including Transformers, Hello Kitty, Fast & Furious and Angry Birds.

The acquisition will serve as a platform for Toy State’s continued expansion into Europe.