Rubik's Cube sale to Spin Master
We’re delighted to have advised the shareholders of the Rubik’s Cube on their sale to toy giant Spin Master, a leading global children's entertainment company.
Since its global launch in 1980, the Rubik's Cube was an instant hit, selling hundreds of millions of units worldwide. As a STEM-accredited puzzle, the Rubik's Cube supports brain development and cognitive skills by allowing children and adults to use their creativity, while developing and encouraging intelligence.
David Kremer, exiting shareholder comments: “EMW have done a great job in helping manage the inevitable enormous extra work load that an acquisition like this involves. They have also given excellent advice and taken a good balance between fighting for shareholder interest where necessary and being pragmatic in getting the deal done within a reasonable timeframe, scale and cost.”
I have worked with this business for over 11 years and each time it’s an absolute pleasure to work for such an iconic brand. Great work from the team; Daisy Divoka, Ross Hayward, Hollie Tompkins and Danielle Allingham here at EMW.
Get in touch
If you’d like to find out more about this update please get in touch with Gurpreet Sanghera who headed up the EMW transaction team.
Our corporate team advise companies, management teams, investors and debt providers from business start-ups and first round finance agreements through to mergers and acquisitions, management buy outs, development funding and then selling.