Amadeusz Juskowiak

Tonka tka expands australian operations

Tonka Corp said it agreed to become the exclusive distributor of Tokyobased Bandai Co Ltd toy lines in Australia and New Zealand and also agreed to buy the business of Bandai Australia

Terms of the transaction were not disclosed

The Bandai agreement and other actions are expected to add 15 mln dlrs to Tonkas international sales in 1987 International sales accounted for 11 pct of Tonkas 2934 mln dlrs of revenues in 1986

Reuter