Manufacturing Industry
Tikes for sale and Mega Bloks is looking.
Plastics News, May, 2005
Byline: Bill Bregar Newell Rubbermaid Inc. is shopping Little Tikes Co. for sale, and another toy maker is taking a look - Mega Bloks Inc. of Montreal - industry sources said. Newell Rubbermaid executives have told Little Tikes managers and other white-collar employees that the Hudson, Ohio-based toy company is on the market, according to sources.
"They know what's going on. It's not a secret in the building,'' one source said. He said employees were told within a few weeks after the departure of former Little Tikes President Clancy Lavins, who left the company March 18. Two industry sources, who spoke on the condition they not be identified, said Mega Bloks people have visited Hudson and toured Tikes' headquarters factory. Mega Bloks, which makes...
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