Spin Master Corp. acquired Marbles The Brain Store, marking the company’s ongoing efforts to build its games offering, following the 2015 purchase of Cardinal Industries and subsequent acquisition of Editrice Giochi SRL last year. According to the NPD Group, Spin Master is currently among the top three manufacturers in the Games and Puzzles supercategory.
Marbles’ assets were sold through a bankruptcy court-approved sale process and include all of Marbles’ proprietary and licensed games, warehoused inventory, and the Marbles name and website. The sale did not include any of the Marbles retail assets.
Spin Master submitted the initial bid for the assets and subsequently emerged as the successful bidder at the conclusion of the sale process on April 24, and the court overseeing the Marbles bankruptcy case issued an order approving the sale to Spin Master on April 26. Spin Master closed the acquisition of the Marbles assets on April 28, and a transition services agreement is currently in place and Marbles employees will assist in the transition. Scott Brown, Marbles co-founder and chief merchant, will join Spin Master.
