Company has plans to continue the Rubik’s brand legacy across its portfolio.
Spin Master has confirmed that it has completed its acquisition of Rubik’s Cube.
The company now has plans for further innovation across the entire Rubik’s portfolio and expanded distribution through its global footprint.
The acquisition was originally announced in October 2020, with the inventor Ernő Rubik commenting at the time: “It is really exciting that Spin Master will continue the legacy of the Rubik’s Cube and fulfill my vision of nurturing smarter, future generations through play. We chose Spin Master because of their long-term lens and character.”
The Rubik’s Cube purchase marks Spin Master’s 22nd acquisition since the Company was founded in 1994 and 12th since its initial public offering in 2015.
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