Funko announced the acquisition of Mando

  Funko, a leading American collectibles company, announced the acquisition of Mando, a movie-derived collectibles company, to expand its business to movie soundtracks, puzzles, posters and other product categories. Funko expands its trendy cultural product line through acquisition and accelerates the pace of diversification. In Chinese market, its development is also actively advancing, and the first flagship store in Asia will open in Shenzhen soon.

  Funko’s CEO Andrew Perlmutte said that Mondo's loyal fans and high-end pop culture collectibles make it the perfect addition to Funko's current brand combination. By leveraging its international distribution and licensing network, Funko is well-positioned to accelerate the growth of the Mondo brand. Mondo will operate as a unique brand and will be gradually integrated into the brand portfolio to improve efficiency.