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Maped group to acquire Juratoys from Argos Wityu.

Synopsis

Maped group, a company in school, writing, colouring and office supplies, agreed to acquire Juratoys, a designer and distributor of toys and games, from Argos Wityu, an independent European investment fund. Financial terms were not disclosed. “Acquiring Juratoys and its longstanding brands Janod, Kaloo and Lilliputiens gives Maped’s diversification strategy the boost it needs to pursue the new group’s targets. We are pleased to take part in building a large French group that aims to distribute school supplies and educational, sustainable and fun toys and games to accompany children throughout the world in every aspect of their learning,” Romain Lacroix, Maped Chairman and CEO.

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