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M&A Deal Summary

Hasbro Acquires The Tonka

On February 1, 1991, Hasbro acquired consumer products company The Tonka for 516M USD

Acquisition Highlights
  • This is Hasbro’s 1st transaction in the Consumer Products sector.
  • This is Hasbro’s 2nd largest (disclosed) transaction.
  • This is Hasbro’s 1st transaction in the United States.
  • This is Hasbro’s 1st transaction in Minnesota.

M&A Deal Summary
Date 1991-02-01
Target The Tonka
Sector Consumer Products
Buyer(s) Hasbro
Deal Type Add-on Acquisition
Deal Value 516M USD

Target

The Tonka

Mound, Minnesota, United States
The Tonka Corporation is a producer of diecast toys. Tonka was formed in 1946 and is based in Mound, Minnesota.

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Buyer(S) 1

Buyer

Hasbro

Pawtucket, Rhode Island, United States
Category Company
Founded 1923
Sector Consumer Products
Employees4,985
Revenue 4.1B USD (2024)
DESCRIPTION
Hasbro office in downtown Providence, Rhode Island.
Hasbro office in downtown Providence, Rhode Island.

Hasbro is a manufacturer of various toys comprising boys action figures, vehicles and playsets, girls? toys, electronic toys, plush products, preschool toys and infant products, electronic interactive products, creative play, and toy-related specialty products. Hasbro was founded in 1923 and is based in Pawtucket, Rhode Island.

DEAL STATS #
Overall 1 of 8
Sector: Consumer Products M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 7
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 7
Year: 1991 M&A 1 of 1
Size (of disclosed) 2 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 Avalon Hill

Renton, Washington, United States

Avalon Hill is software companies creates games like wargames and strategic board games.

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