Bon Bon Buddies (BBB), the character licensed novelty confectionery company has acquired TeePee Creative from the administrators of Mr Lucky Bags.
The brand features a range of character licensed surprise bags, cones, surprise eggs and plush toys with confectionery.
In 2010 BBB will also be launching a new Everyday range to all UK and European customers. The range features around 45 products with properties including Twilight, Hello Kitty, Disney Princess, Fairies, Mickey and Minnie Mouse, Cars, Toy Story, Littlest Pet Shop, Spiderman and Spongebob.
The firm has also recently acquired the assets and IP of Kshocolât, which also encompasses the Hot Choc brand.
From BBB’s five offices, it is hoping to achieve pan euro growth and market leading presence and hopes to explore further acquisitions to enhance the portfolio.
Chris Howarth, MD of Bon Bon Buddies, said: "We are delighted to have completed the recent acquisitions. Both Kshocolât and TeePee are strong brands with potential for further growth.
"With our extensive license portfolio and successful European market presence we are looking forward to maximising many exciting new opportunities."