Basic Fun! acquires K’Nex

Posted on 13th February 2018 By Billy Langsworthy

Basic Fun! has acquired the Pennsylvania-based construction toy company K’Nex.

The firm plans to continue to manufacture K’Nex rods and connectors at an eco-friendly manufacturing facility in Pennsylvania under a long-term agreement with The Rodon Group and will continue to operate the K’NEX office and distribution centre in Hatfield, PA.

“We are very pleased to be adding this incredible iconic toy brand into our platform,” said Jay Foreman, CEO of Basic Fun!

“The K’Nex story is a great American toy story in every way – from its inception as a toy invention, to its unique manufacturing profile, to being recognised by consumers and the trade as a distinctive construction platform in one of the most challenging categories in the toy industry.”

Michael Araten, current CEO of K’NEX, added: “K’Nex was invented by Joel Glickman, one of the company’s founders, and our family has been operating this business for over 25 years.

“It’s time for us to connect this wonderful brand and its innovative product line with new owners whom we expect will take K’Nex to new heights over the next 25 years. We are proud to have built an iconic brand that has inspired creativity in millions of children, young and old, all over the world.”

Both Basic Fun! and K’NEX will be showcasing their 2018 product lines at the North American International Toy Fair this week, and the companies’ products will come together under one roof in subsequent shows later in the year.

More Recent News

Mantic Games readies Halo: Flashpoint

“It’s a dream come true to bring the fast-paced action of the Halo universe to life on tabletop with our partners at Microsoft,” said Ronnie Renton at Mantic Games.

Ravensburger details influencer initiatives for Disney Lorcana

“It’s vital to us to onboard new influencers, players and Disney fans to grow and expand Disney Lorcana in the UK,” said Lea Dillenseger, Product Marketing Manager at Ravensburger UK.

BTHA and Mojo Nation to host Inventors Lunch at Toy Fair 2025

The free Inventors Lunch will return to Toy Fair on Thursday, January 25th at 12PM, hosted upstairs on the Toy Trust Lounge (UL 161).

Hasbro launches AI-powered Game Finder tool

Game Finder’s AI knows the nuances of each Hasbro game, from the ideal play group size to features unique to each title.

Surge Brands named global licensing agent for Crazy Aaron’s

“The creativity and sensory appeal of Crazy Aaron’s products lends themselves perfectly to other consumer products categories like apparel, toys, food, home décor, and beyond,” said Aaron Muderick, Founder and President at Crazy Aaron’s.

Boyhood teams with Disney for wooden Mickey Mouse figure

“We have achieved a result that sets new standards for wooden sculptures,” said Boyhood designer and founder Jakob Burgsø.