Thrive International to acquire Petunia and Moby.

Thrive International agreed to acquire Petunia Pickle Bottom and Moby Wrap, two baby brands. Financial terms were not disclosed. "We plan to significantly grow and expand the brands domestically and internationally while continuing to build upon the excellent foundation provided by current CEO Yann Boulbain and his executive team which has launched numerous award-winning products distributed in over 20 countries," Ian Schaffer, Thrive International CEO.