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Which company has acquired British toy makers Hamleys?
Question

Which company has acquired British toy makers Hamleys?

A.

Reliance Brands

B.

K. Raheja Corp Group

C.

Tata

D.

Future Group

Correct option is A

The correct answer is:(A). Reliance Brands

Explanation:

Reliance Brands Limited (RBL), a subsidiary of Reliance Retail, acquired the iconic British toy retailer Hamleys in 2019. The deal was worth ₹620 crore (around $88 million), making Reliance the global owner of Hamleys.

Information Booster:
  • Hamleys is one of the oldest and most famous toy retailers, founded in 1760 in London, UK.
  • Before Reliance, it was owned by the Chinese company C.banner.
  • Reliance had already been operating Hamleys stores in India as a franchise before the acquisition.
  • With this deal, Reliance expanded its international retail presence and strengthened its hold in the toy industry.

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