PAWTUCKET, R.I.--(BUSINESS WIRE)--
Hasbro,
Inc. (NASDAQ: HAS) today announced the completion of the
previously announced sale of Hasbro's manufacturing locations in East
Longmeadow, Massachusetts and Waterford, Ireland to the Cartamundi
Group. The specific terms of the transaction were not disclosed.
"I want to thank our employees who have transitioned to Cartamundi for
their hard work and dedication to ensure a smooth and successful
transition," said Duncan Billing, Executive Vice President, Chief Global
Operations and Business Development Officer, Hasbro, Inc. "We look
forward to continuing to work with Cartamundi and this talented
workforce - albeit in a different capacity - as we continue to
manufacture Hasbro's ever-popular board games at both these sites."
About Hasbro
Hasbro (NASDAQ:
HAS) is a global company committed to Creating the World's Best Play
Experiences, by leveraging its beloved brands, including LITTLEST PET
SHOP, MAGIC: THE GATHERING, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and
TRANSFORMERS, and premier partner brands. From toys and games,
television programming, motion pictures, digital gaming and lifestyle
licensing, Hasbro fulfills the fundamental need for play and connection
with children and families around the world. The Company's Hasbro
Studios and its film label, ALLSPARK PICTURES, create entertainment
brand-driven storytelling across mediums, including television, film,
digital and more. Through the company's commitment to corporate social
responsibility, including philanthropy, Hasbro is helping to build a
safe and sustainable world and to positively impact the lives of
millions of children and families. Learn more at www.hasbro.com,
and follow us on Twitter (@Hasbro & @HasbroNews)
and Instagram (@Hasbro).
© 2015 Hasbro, Inc. All Rights Reserved.
HAS-PR
View source version on businesswire.com: http://www.businesswire.com/news/home/20150831005668/en/
Hasbro Press Contact:
Hasbro, Inc.
Julie Duffy, 401-727-5931
julie.duffy@hasbro.com
or
Hasbro
Investor Contact:
Hasbro, Inc.
Debbie Hancock, 401-727-5401
debbie.hancock@hasbro.com
Source: Hasbro, Inc.
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