As you may have heard, Praesidian’s portfolio company, Round 2 has announced its intent to purchase Lionel, LLC. In the weeks ahead, as the transaction progresses, the companies will come together as the Lionel Brands Group. We are aligned around a shared vision to build a stronger, fan-first platform that supports the brands, communities, and partners that have made each company successful, while creating new opportunities to grow over time.In the near term, it remains business as usual. Our priority is maintaining continuity and supporting the programs already underway. Future announcements will be made on our social media channels.We appreciate your continued support, and we look forward to building on the strong legacies that define both Lionel and Round 2.
––––––––––––––––––––––––––––––––––––––––––––––––––
We at Classic Toy Trains and Trains.com will keep you updated as we learn more.
