Mattel is an American multinational toy manufacturing company. It is a global, purpose-driven company that helps children learn and develop through play.
Mattel is committed to shaping a brighter tomorrow, with play experiences that capture kids’ hearts, open their minds and unlock their potential through play.
Mattel was founded in 1945 by Harold Matson, Elliot Handler, & Ruth Handler. With headquarters in El Segundo, California. The company has presence in 40 countries and territories and sells products in more than 150 countries. It operates through three business segments: North America, international, and American Girl.
Mattel went public in 1960, and the New York Stock Exchange listed them in 1963. Mattel also acquired a number of companies during the 1960s. Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Itt sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972.
Mattel ranked #533 on the 2017 Fortune 500 list.