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10 Jun
Posted by David Miller as Card Games, Modern Board Games, Other
Spin Master today announced that it has entered in to an agreement to purchase game and puzzle maker, Cardinal Industries. The acquisition is expected to be completed in October.
Cardinal, which is currently privately-held and based out of Long Island City, New York, will continue to operate as an independent entity with Joel Berger at the helm of the company started by his father in 1948.
Anton Rabie, Chairman and Co-CEO of Spin Master, said, “This acquisition strengthens our award-winning games portfolio and we are excited to help Cardinal extend its brand to new markets and new consumers.”
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