{"id":58304,"date":"2023-10-09T07:08:35","date_gmt":"2023-10-09T07:08:35","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=113246"},"modified":"2023-10-09T07:08:35","modified_gmt":"2023-10-09T07:08:35","slug":"mga-entertainment-initiates-merger-with-zapf-creation-ag","status":"publish","type":"post","link":"https:\/\/southafricagazette.com\/mga-entertainment-initiates-merger-with-zapf-creation-ag\/","title":{"rendered":"MGA Entertainment Initiates Merger with Zapf Creation AG"},"content":{"rendered":"
\n

LOS ANGELES and R\u00d6DENTAL, Germany, Oct. 09, 2023 (GLOBE NEWSWIRE) — MGA Entertainment, Inc. (MGA)<\/strong><\/a>, one of the world\u2019s largest and fastest growing privately held toy and entertainment companies, announced today that it intends to merge with Zapf Creation AG<\/strong><\/a>, Europe\u2019s leading manufacturer of nurturing dolls. Specifically, MGA\u2019s wholly-owned German subsidiary, which is the current direct major shareholder of Zapf Creation AG, has approached Zapf with an invitation to enter into negotiations of a merger agreement. MGA and Zapf Creation AG have had a collaborative business relationship for the sales and distribution of both companies\u2019 brands for nearly 20 years. The merger is expected to close in Spring 2024.<\/p>\n

No further details are available at this time; however, the leadership of the companies will work closely to plan the merger and will make appropriate announcements as information becomes available.<\/p>\n

About MGA, Entertainment, Inc.<\/u><\/strong>
\nMGA Entertainment<\/strong><\/a>\u202f<\/strong>is one of the largest and fastest growing privately held toy and entertainment companies in the world. Headquartered in Los Angeles with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment properties, including toys, games, dolls, apparel, consumer electronics, home d\u00e9cor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such as L.O.L. Surprise!\"\u2122\"<\/a>, Little Tikes<\/a>\u00ae, Rainbow High\"\u2122\"<\/a>, Bratz\u00ae<\/a>, MGA\u2019s Miniverse\"\u2122\"<\/a>, Fluffie Stuffiez\"\u2122\"<\/a>, Na! Na! Na! Surprise\"\u2122\"<\/a>, Micro Games of America\"\u2122\", BABY born\u00ae,<\/a> and Zapf Creation\u00ae<\/a>. For more information, please visit us at\u202fwww.mgae.com<\/a>\u202for check us out at\u202fLinkedIn,<\/a> Threads<\/a>, Instagram<\/a> and Facebook<\/a>.<\/p>\n

About Zapf Creation AG<\/u><\/strong>
\nZapf Creation AG<\/strong><\/a> is Europe\u2019s leading manufacturer of nurturing dolls and a global brand supplier of children\u2019s toys. The company develops and sells premium play concepts, as well as play and functional dolls with extensive accessories that are famous all over the world. This also includes an increasing number of products from other toy categories. All Zapf Creation brands share the same high standards of quality, design, safety, and play value.\u00a0For more information, please visit www.zapf-creation.com<\/a>.<\/p>\n

Media Contact:<\/strong>
\nAlan Hilowitz<\/strong>
\nVice President, Global Corporate Communications
\nMGA Entertainment, Inc.
\n+1.818.221-4431
\nnews@mgae.com<\/u><\/a><\/p>\n

GlobeNewswire Distribution ID 8945614<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

LOS ANGELES and R\u00d6DENTAL, Germany, Oct. 09, 2023 (GLOBE NEWSWIRE) \u2014 MGA Entertainment, Inc. (MGA), one of the world\u2019s largest and fastest growing privately held toy and entertainment companies, announced today that it intends to merge with Zapf Creation AG, Europe\u2019s leading manufacturer of nurturing dolls. Specifically, MGA\u2019s wholly-owned German subsidiary, which is the current [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,97],"tags":[],"yoast_head":"\nMGA Entertainment Initiates Merger with Zapf Creation AG - South Africa Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricagazette.com\/mga-entertainment-initiates-merger-with-zapf-creation-ag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGA Entertainment Initiates Merger with Zapf Creation AG - South Africa Gazette\" \/>\n<meta property=\"og:description\" content=\"LOS ANGELES and R\u00d6DENTAL, Germany, Oct. 09, 2023 (GLOBE NEWSWIRE) \u2014 MGA Entertainment, Inc. 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