The company will be distributing the manufacturer's range of toy guns, target sets and ammunition.
Kayes takes over the distribution from Toyway, which has gone into administration.
The firm specialises in distribution through the independent toy sector and sees the acquisition as an important addition to its portfolio of companies.
Edison Giocattoli was established in 1958 and has become a world leader in its field of toy weapons and sound caps. From its base in Italy, Edison maintains its identity, aiming at a tradition of high quality and safety.
Stock will be available for distribution from July 1st.