Rubik's Cube sale to Spin Master
We’re delighted to have advised the shareholders (including Erno Rubik) of the Rubik’s Cube on their sale to toy giant Spin Master, a leading global children's entertainment company, with the transaction expecting to close in January 2021.
"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."
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.
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.