In
an announcement sure to bring cheers and tears of joy to die-hard fans and
artists around the world, KR Purchase, LLC (a wholly owned subsidiary of
National Entertainment Collectibles Association) and Kidrobot today announced
the signing of a definitive agreement under which KR Purchase will acquire
Kidrobot. The globally recognized creator of designer vinyl toys joins the
growing NECA family of specialty entertainment companies, and will proceed as
an artist-run company under the creative direction of Frank Kozik, renowned
graphic artist and creator of the Labbit urban vinyl toy line.
“It’s
rare to have the opportunity to join forces with an artist-centric company like
this,” said Joel Weinshanker, COO of NECA. “We are doubly thrilled to be able
to allow it to grow organically and flourish on its own, which is what we’re
certain it will do with the involvement of Frank Kozik as Creative Director.”
“When
Joel and NECA approached us about joining forces, about his intention to
support us and allow Kidrobot to move forward with autonomy, I knew we had
found the right partner," said Bob Africa, President of Kidrobot. “The
timing of Frank agreeing to join us could not have been better and we are
incredibly excited about Kidrobot’s future.”
Kidrobot
will remain headquartered in their Boulder offices, while they are supported by
NECA’s (located in Hillside, NJ) vast network of suppliers, creatives and
internal team members.
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