ARTICLE · 26 JANUARY 2021

Canadian Toymaker Spin Master Buys Iconic Rubik's Cube

Torkin Manes LLP

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On Jan. 4, Spin Master Corp. (TSX: TOY), a global children's entertainment company, completed its acquisition of Rubik's Brand Ltd., the owner of the world-famous Rubik's Cube®.

CanadaCorporate/Commercial Law

Jeffrey I. Cohen

Cameron McMaster

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On Jan. 4, Spin Master Corp. (TSX: TOY), a global children's entertainment company, completed its acquisition of Rubik's Brand Ltd., the owner of the world-famous Rubik's Cube®. Spin Master will continue the legacy of the Rubik's Cube® brand, with plans for further innovation across the entire Rubik's portfolio and expanded distribution through Spin Master's global footprint.

Spin Master has expanded its position within the games category through acquisitions of new titles and innovative partnerships and collaborations. The acquisition of the Rubik's Cube® brand marks the 22nd acquisition since Spin Master was founded in 1994 and the 12th acquisition since its IPO in 2015.

Spin Master is a global children's entertainment company creating play experiences through a diverse portfolio of innovative toys, entertainment franchises and digital and games. Spin Master is best known for the award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, Air Hogs®, Hatchimals®

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