Acquisition closed
Mattel acquires Matchbox (1997)
Mattel completed the acquisition of Matchbox on 22 May 1997 for $755 million.[1]
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.
Deal facts
- Announced
- Closed
- Value
- $755 million (equity value)
- Buyer
- Mattel
- Seller
- —
- Assets
- Matchbox
- Regulatory review
- None recorded
Ownership changes recorded from this deal
Who owns Matchbox today?
Sources (1) & 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.
- [1] Mattel, Inc. Form 10-K - Tyco Toys merger — SEC EDGAR, SEC Form 10-K, published 1 March 1998; retrieved 8 September 2026.
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