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Published more: 2015-01-08 11:26 | SR - SVERIGES RADIO

Toymaker Brio bought by German firm

The Swedish classic toy company, Brio, known for its wooden train sets and pull toys, will soon become German, according to newspaper Dagens Nyheter.

The investment company Proventus is selling it to the Germany puzzle manufacturer, Ravensburger for an undisclosed sum.

"Ravensburger has a long history of quality," Proventus CEO Daniel Sachs told the newspaper.

Both Brio and Ravensburger have long histories, founded in 1884 and 1883, respectively. The Swedish company's name stands for Bröderna Ivarsson i Osby (the Ivarsson Brothers in Osby, a locality in southern Sweden).

While Brio's yearly turnover is about SEK 370 million, the German company's is...