MGA Entertainment is establishing 4 wholly owned subsidiaries within the European Union (EU) to assist the corporate’s rising worldwide enterprise.
MGA Toys Iberia S.L. will likely be led by Managing Director Mila Gonzalez. MGA Leisure Greece will likely be led by Managing Director Panos Kalogeropoulos. MGA Toys France will likely be led by Managing Director Thierry Thivolle. MGA Leisure Italy SRL will likely be led by Managing Director Andrea Signorelli.
“Our enterprise exterior of the U.S is robust and more and more necessary to MGA Leisure. Establishing these new subsidiaries will permit us to develop our enterprise extra shortly in these necessary markets,” says Isaac Larian, MGA Leisure Founder and CEO. “I stay up for working carefully with the groups in every of those markets to proceed to carry new, progressive, and enjoyable MGA toys and merchandise to customers throughout the EU.”
The 4 subsidiaries will assist advertising and marketing and gross sales administration efforts and be staffed by workers who labored for MGA in every market. MGA previously announced plans to merge with Zapf Creations AG, with MGA’s wholly owned German subsidiary anticipated to shut on a merger settlement in late spring.
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