Mattel acquires Thomas the Tank Engine firm in $680m deal

Thomas the Tank Engine has moved in with Barbie, Fisher-Price and American Girl after Mattel agreed to buy HIT Entertainment, the firm that owns the iconic British brand, for US$680m (€490.6m).

Mattel acquires Thomas the Tank Engine firm in $680m deal
Mon, 24 Oct, 2011 - 14:47

Thomas the Tank Engine has moved in with Barbie, Fisher-Price and American Girl after Mattel agreed to buy HIT Entertainment, the firm that owns the iconic British brand, for US$680m (€490.6m).

HIT, which is being sold by a consortium led by private equity group Apax also owns Barney, Bob the Builder and Angelina Ballerina.

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CourtsBusinessHeathrowPerson: BarneyPerson: Bob the BuilderPerson: Angelina BallerinaOrganisation: MattelOrganisation: Thomas the Tank EngineOrganisation: BarbieOrganisation: Fisher-PriceOrganisation: GirlOrganisation: Hit EntertainmentOrganisation: American GirlOrganisation: HitOrganisation: Apax
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