Goliath Acquires Pressman
New York, USA and Hattem, The Netherlands – July 28, 2014 - Pressman Toy Corporation and Goliath
B.V. announced today that Goliath has acquired Pressman. With their combined products sold in
nearly every major retailer, the combination of Pressman and Goliath creates one of the most thriving
toy and game companies in North America today.
Goliath and Pressman have a long history together of creating great products. This acquisition will
support a shared vision for ambitious growth, and a commitment to develop and market toys that
delight children and adults.
Founded in 1922 by Jack Pressman, Pressman Toy Corporation is an industry leader that has
generated billions of dollars in retail sales. A few of Pressman's many hit games include Who Wants
to Be A Millionaire, Deal or No Deal, MASTERMIND, and Let's Go Fishin'.
Goliath was founded by Adi Golad in 1980 and it has grown to be one of the most influential toy
companies in the world with top-selling toys and games, such as Pop the Pig and Doggie Doo. Goliath
has offices in the Netherlands, France, Germany, Belgium, Spain, Portugal, Poland, Hong Kong,
Australia, Canada and the USA.
As Jim Pressman notes, "Pressman and Goliath have a great history of working together to globally
build popular brands such as Gooey Louie, Domino Rally, Tri-Ominos, and Rummikub. I could not
have found a better partner than Goliath." Adi Golad remarked, “Jim has been my close friend for
decades. It’s an honor to carry on the Pressman brand and I couldn't be happier."
Both Pressman's and Goliath's brands are well known in the marketplace and therefore will continue
as separate entities. Pressman will continue to develop their own products and maintain their brand
while enjoying the benefit of Goliath's significant resources including world-class customer service,
operations and mass market TV campaigns.
Jim Pressman will continue as President of Pressman Toy Corporation, a position he's held for 35
years, while overseeing licensing for both companies globally. David Norman will continue as
President of Goliath Games, LLC. In this capacity, David will lead all aspects of marketing and
operations in North America for both companies and will now also develop TV advertising campaigns
for Pressman's core brands in 2015. Pressman's offices will be relocated to Goliath’s US
Headquarters in Plano, Texas.
About Pressman Toy Corporation
Pressman Toy Corporation, the third largest game manufacturer in the United States, was
founded in 1922. The company has released many strong brands that consumers have
enjoyed for generations, such as Rummikub, MASTERMIND and Tri-Ominos. One of the first
companies in the industry to begin licensing popular characters and content for toys and
games, Pressman Toy has created games and puzzles based on Skylanders, Elf on the Shelf,
How to Train Your Dragon 2, Goodnight Goodnight Construction Site, Diary of a Wimpy Kid,
Curious George, Hello Kitty, and Scooby-Doo! as well as popular games shows Deal or No
Deal, Jeopardy! and Wheel of Fortune.
For more information, please visit www.pressmantoy.com
About Goliath Games
According to industry reports, Goliath Games is the fourth-largest children's game
manufacturer in North America. Adi Golad started Goliath in the Netherlands in 1980 fueled
by his passion to bring new toys to the market and today Goliath sells products in more than
75 countries with direct distribution in Netherlands, France, Germany, Belgium, Spain, Portugal,
Poland, Australia, Canada and the USA. On July 4, 2008, Goliath opened its US subsidiary,
headed by board game guru David Norman, and has been entertaining children and adults
ever since.
For more information, please visit www.goliathgames.us