Munchkin Inc. Division Bamboo Acquires Cat Toy Company, Fat Cat Inc. For Undisclosed Sum
Bamboo®, the pet care division of leading baby product manufacturer Munchkin Inc., announces the acquisition of leading cat and dog toy manufacturer, Fat Cat Inc. Known for whimsical cat and dog toys with an innovative, clever design, Fat Cat is the third brand within the Munchkin parent company. Financial terms of the deal were not disclosed.
Fat Cat will remain a separate brand under the Munchkin umbrella. The founder of Vermont-based Fat Cat Inc., John Lika, will join Munchkin as vice president of creative, and the Fat Cat design team will remain intact in Vermont in an effort to continue to bring out-of-the-box creativity and innovation to new pet and infant product launches.
“We’re thrilled to bring Fat Cat into the Munchkin family,” said Steven B. Dunn, president and chief executive officer, Munchkin Inc. “The brand perfectly complements our Bamboo product offering and fits well with Bamboo’s philosophy, ‘Pets are kids, too.’ We look forward to the Fat Cat creative team bringing its wacky design approach to not only our pet products, but throughout Munchkin’s infant and toddler lines as well.”
“This is an exciting opportunity to take our mission of ‘Making People & Pets Laugh’ to a new level,” John Lika said. “There is a dynamic synergy between the Fat Cat and Munchkin/Bamboo teams that holds great promise for future innovation in both the pet and infant markets.”
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