Announced
Completed
Synopsis
Carrera of America, a producer of slot racing sets and R/C cars, completed the merger with Revell, a creator of true-to-the-original plastic model kits. Financial terms were not disclosed. "We quickly recognized that there are synergies between the Revell and Carrera brands. Both companies have long histories with strong, enthusiastic fan bases – so while we didn't want to alter the end product, we are excited to offer a better, more streamlined operation for our business partners and expand our operations into Latin America. With slot cars and realistic models, we have something for every age group – children to adults – and this partnership will allow us to now bring those to more people around the world," Tiessen, Carrera Revell of Americas Co-President.
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