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Crown Crafts Acquires Manhattan Toy, A Leading Creator Of Developmental Toys For Early Childhood

PUBLIC · CRWSMar 20, 2023

Acquiring Company

Crown Crafts

Acquired Company

Manhattan Toy Company

GonzalesE CommerceFashionRetailGamingE Commerce

Description

Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it has acquired Manhattan Group, LLC, doing business as Manhattan Toy, and its wholly owned subsidiary Manhattan Toy Europe. The acquisition expands Crown Crafts’ presence in the growing category of developmental toys for infants and toddlers. Manhattan Toy’s product offerings of plush, dolls and wooden toys will complement Crown Crafts’ existing line of Sassy toys.

Quick answer

Crown Crafts is acquiring Manhattan Toy Company, announced March 20, 2023. Crown Crafts is based in Gonzales, Louisiana, United States.

How much did Crown Crafts pay for Manhattan Toy Company?
The deal value was not disclosed.
What does Crown Crafts do?
Crown Crafts, Inc. designs, markets and distributes infant, toddler and juvenile consumer products.
Where are Crown Crafts and Manhattan Toy Company based?
Crown Crafts is based in Gonzales, Louisiana, United States.

Source: Fundz verified event record.

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Company Information

Company

Crown Crafts

Location

Gonzales, Louisiana, United States

About

Crown Crafts, Inc. designs, markets and distributes infant, toddler and juvenile consumer products. Founded in 1957, Crown Crafts is one of America’s largest producers of infant bedding, toddler bedding, bibs, toys and disposable products. The Company operates through its two wholly owned subsidiaries, NoJo Baby & Kids, Inc. and Sassy Baby, Inc., which market a variety of infant, toddler and juvenile products under Company-owned trademarks, as well as licensed collections and exclusive private label programs. Sales are made directly to retailers such as mass merchants, large chain stores and juvenile specialty stores. For more information, visit the Company’s website at www.crowncrafts.com.

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Frequently asked

Who acquired Manhattan Toy Company?

Manhattan Toy Company was acquired by Crown Crafts, based in Gonzales. The deal was reported on March 20, 2023. Crown Crafts, Inc. designs, markets and distributes infant, toddler and juvenile consumer products. Crown Crafts is publicly traded (CRWS) and operates in E Commerce.

When did Crown Crafts acquire Manhattan Toy Company?

Crown Crafts's acquisition of Manhattan Toy Company was reported on March 20, 2023. Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it has acquired Manhattan Group, LLC, doing business as Manhattan Toy, and its wholly owned subsidiary Manhattan Toy Europe. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Manhattan Toy Company do?

Manhattan Toy offers a wide variety of toys, dolls, plush products and games designed to help young children learn through the experience of play. It is privately held, operating in Gaming.

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