Martin Grossman buys back H. Grossman less than one year after selling - ToyNews

Martin Grossman buys back H. Grossman less than one year after selling

Grossman and his business partner and wife Elinor Grossman have repurchased the shares in their family firm, taking a 100 per cent stake in the toy and collectables specialist.
Author:
Publish date:
0 0grossman1.png

Former owner and industry stalwart Martin Grossman has brought back the family firm H. Grossman, less than one year since leaving the business.

Grossman and his business partner and wife Elinor Grossman have repurchased the shares in their family firm, taking a 100 per cent stake in the toy and collectables specialist.

News of the business’ return to the pair’s hands breaks as it is detailed that Mark Walls has resigned from his position as managing director.

Last June, Grossman sold his majority share in the UK business and its Hong Kong arm Grossman (HK) Limited in the same year that saw the firm celebrate its 70th anniversary.

ToyNews has reached out for comment on the shift in ownership.

Related

Featured Jobs

Roaddahl_job_logo_final

JUNIOR GRAPHIC DESIGNER

Roald Dahl | Marylebone, London | Salary Dependent on experience | Contract 6-month FTC | 5-day week, Monday to Friday | Start ASAP

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.