Magson buys Youngsters

200 jobs saved as distributor takes over buying group and retail chain.
Author:
Publish date:
5_Pocoyo.jpg

JA Magson has purchased the businesses and certain assets of Youngsters and Toyzone, according to KPMG Restructuring.

The sale sees Magson acquire the buying group plus all of the 20 Toyzone stores.

David Crawshaw, KPMG Restructuring partner, said: “This is a great result for Youngsters and Toyzone and we're pleased to have been able to save 200 jobs at the two companies. The deal provides JA Magson with an excellent strategic fit with its current business and we wish the company well in the future.”

Related

5_Pocoyo.jpg

Youngsters to attend Toymaster show?

Toymaster and Youngsters have taken the first steps towards developing a closer relationship, with Youngsters and Irish chain World of Wonder invited to attend the buying group's  looming Harrogate show.

Featured Jobs

GAMEPLAN LOGO 3D hi res

Marketing Director UK

Gameplan I Southeast of England I Salary: Competitive I Date Published Monday 7th January 2019

Rainbow logo landscape_home of classic Final

Product Manager

Rainbow Designs Ltd I Olympia, London I Salary: Competitive I Date Published Wednesday 16th January 2019