Spin Master is set to expand its global presence with the opening of an Australian subsidiary dubbed Spin Master Australia.
Spin Master Australia will assume distribution for the majority of the firm’s brands in Australia and will begin trading in 2017.
“Australia presents a strong growth opportunity for Spin Master and we’re excited to be expanding our network of regional business offices," said Ben Gadbois, president and COO at Spin Master Ltd.
"One of our core growth strategies is to continue to grow our international sales. Our new Australian subsidiary is an important step toward this goal.”
The new subsidiary will be based in Sydney, with a warehouse location set to be finalised in the coming months.
Anton Rabie, co-founder and co-CEO of Spin Master, added: “We value our distribution partners in Australia and are working together to ensure a smooth and collaborative transition.”