Globe & Mail 08:43 AM EST, 11/22/2022 (MT Newswires) -- Spin Master Corp. (TOY.TO) on Tuesday said it has reached an agreement to acquire Canadian-based puzzle maker, 4D Brands International Inc. (4D). Financial details were not disclosed.
Established over a decade ago by Shaun Sakdinan, 4D disrupted the puzzle market with its eye-catching Cityscape puzzles. Since then, the company has created its signature line of 3D model construction kits, where puzzlers can create iconic replicas of well-known historical landmarks, pop culture elements and movie memorabilia. These break frame model kits have become premium collectibles for fans of epic franchises including Star Wars, Disney, Harry Potter, Marvel Universe, DC Comics and many more A+ licenses.
The acquisition is expected to close in January 2023. Following the close, Sakdinan will join Spin Master as Senior Director of Design based in Toronto . The acquisition will bolster Spin Master's position within the games and puzzles category. Spin Master says it is the second largest puzzle manufacturer in the US and the third largest globally YTD September 2022 .