Green Swan Explained

Green Swan SGPS S.A. is a Portuguese holding company, founded by business angels with extensive national and international experience in areas such as Management, Computer Engineering and new technologies, Marketing, Branding and Communication.Green Swan has a strategic focus on the toy industry and is one of the most relevant players in the European market.

In August 2018,[1] Green Swan acquired the Spanish and Portuguese operations of Toys "R" Us.

With the acquisition of Maxi Toys,[2] in the beginning of 2019, Green Swan's operations reached 6 European markets and a total of 230 stores. After this operation, Maxi Toys acquired all Bart Smit stores, achieving a presence in all Belgium territory and an enlarged number of stores.

In March 2019, Green Swan acquired Intertoys[3] assets, saving 1,500 jobs[4] and becoming the biggest toy retailer in continental Europe, managing 3 toys brands and directly stores in 7 European countries.

External links

Notes and References

  1. https://www.essential-business.pt/2018/08/27/green-swan-buys-toys-r-us-in-portugal
  2. https://www.retaildetail.eu/en/news/general/blokker-sells-maxi-toys-portuguese-investment-fund
  3. https://toyworldmag.co.uk/news/portugals-green-swan-takes-over-intertoys
  4. https://nltimes.nl/2019/03/08/restart-part-intertoys-half-jobs-saved