China Toy Fair


Uncle Milton Sold by Transom Capital Group

As reported by Transom Capital Group, Uncle Milton Industries Inc. has been sold to KCB Management. Founded in 1946, Uncle Milton creates, develops, and markets science and nature-based toys, including the company’s flagship Ant Farm, to children of all ages.

“The strides that Uncle Milton has made under Transom Capital’s ownership cannot be understated,” said Uncle Milton president Frank Adler. “Without a doubt, Transom Capital has been a key strategic sounding board to Uncle Milton’s management team.”

Uncle Milton’s portfolio includes such licensed product lines as the In My Room, Star Wars Science, and National Geographic brands. Terms of the transaction were not disclosed. The sale of Uncle Milton represents Transom Capital’s second successful exit during the past 12 months.

COMMENTARY: Lighting Up Imaginative Play: Light-Up Toys Provide Magical Fun For Kids

When I attended Fall Toy Preview in October, I had a conversation with a few industry executives about how when companies expand their line to include glow-in-the-dark or light-up SKUs, it often signals the end of the brand. They referred to glow-in-the-dark and light-up products as a “last resort,” and said it typically means that there are no other possible innovations for the product line.

However, I know a certain 4-year-old boy who would absolutely disagree with this idea, along with his 8-year-old sister (aka my niece and nephew!). LED lights have a strange magic to them—especially for kids. The bright colors they provide, just like glow-in-the-dark effects, seem like something out of a fantasy story that kids go crazy over—no matter how simple the technology actually is. There are some great new products hitting the market that reflect how great glow can be, here are some of my favorites:

TRACERTRACK_24

 

Tracer Racers, from Skullduggery, utilize Light Trail Technology as they blaze streaks of light on the glow-in-the-dark track. That’s right—LEDs AND glow play patterns. Lights galore! Magic frenzy!—and there’s more! Each Tracer Racer beams down purple light rays from its undercarriage onto the track, which is specially engineered to emit glow remnants only after the racer has passed. The new Tracer Racer drag racing sets include a 10-foot single lane set including one racer, an 8-foot double lane set with two racers, and a 12-foot double lane loop set with a light-up finish gate and two racers. The company will also introduce trucks to the line this year. Kids ages 6 and up are sure to enjoy all of the amazing light-up elements in this toy. [Read more...]