Owned now by the Canadian company Spin Master, the Rubik’s® brand will start a new era. Due the huge investment they have made to buy the Rubik’s® brand, the company probably have great and innovative plans for the future of this original brand. We really hope so… You can read details about this business operation inside our HISTORY section. The Spin Master Company was founded in Canada in 1994 by childhood friends, Ronnen Harary and Anton Rabie, soon after graduating from Western University. Ben Varadi, a former classmate of Anton’s, joined them that same year. The nascent entrepreneurs, funded with their own $10,000 investment, launched their first product – the Earth Buddy – a nylon stocking-covered head of sawdust topped with grass seeds which grew to emulate hair. Earth Buddy generated $1.5 million in sales within the first six months of business launch, planting the seed that would springboard Spin Master into the toy industry. The company has grown significantly since its inception, transforming from a small, single product operation into a leading global children’s entertainment company with a diverse portfolio of innovative toys, entertainment franchises and digital games. Twenty-six years later, Spin Master is a publicly listed company with 28 offices around the world and close to 2,000 employees.
www.rubiks.com
www.spinmaster.com