Announced
Completed
Synopsis
Paladone, a company that provides gifting products including art & craft, homeware, sports, pets, light, and funny gifts, completed the acquisition of WeCool Toys, a manufacturer of dynamic toys, crafts, and compounds. Financial terms were not disclosed. “I am delighted to welcome WeCool Toys to the Paladone family. It has built strong customer appeal through innovation and creativity in a number of growing toy segments. This acquisition is a great step in our evolution to becoming a global leader in trend-led, consumer goods. I am confident that with the full support of Paladone behind WeCool Toys, we will take this fast-growing business to even greater heights,” Jim Downey, Paladone CEO.
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