Matchbox is owned by Mattel (the United States, NASDAQ: MAT), which acquired the brand on 22 May 1997.[1][2] Matchbox was founded in 1953 in London and was independent until 1997.
Matchbox was created in London in 1953 when a die-casting engineer made a miniature road roller small enough for his daughter to take to school in a matchbox. Mattel acquired the brand in 1997, having spent thirty years competing with it.
Mattel acquired Tyco Toys for about $755 million, taking Matchbox with it. That put Matchbox and Hot Wheels, rivals since 1968, under one owner; Mattel has kept both ranges in production rather than merging them.
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Frequently asked questions
Who is the parent company of Matchbox?
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The parent company of Matchbox is Mattel, a publicly listed company headquartered in the United States.
Is Matchbox British or American?
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Matchbox originated in the United Kingdom in 1953, but it is owned today by Mattel, which is headquartered in the United States. So Matchbox is a British-origin brand under American ownership.
When did Mattel buy Matchbox?
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Mattel completed its acquisition of Matchbox on 22 May 1997, after announcing the deal on 18 November 1996.
Who owned Matchbox before Mattel?
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Matchbox was an independent company from its founding in 1953 in London until Mattel acquired it in 1997.
Is Matchbox still owned by Mattel?
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Yes. As of 8 September 2026, Matchbox is still owned by Mattel. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.