Universal Distribution LLC and Ad Populum Complete Acquisition of Diamond Comic Distributors and Related Assets
HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors ("Diamond" or "the Company"), today announced that the sale of the Company and its assets to Universal Distribution LLC ("Universal") and Ad Populum has been completed. Universal has acquired the assets of Alliance Game Distributors, and Ad Populum has acquired the assets of Diamond Comic Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets. Diamond UK remains separate from this sale process.
"We are pleased that this transaction has been completed and are confident that the publishers and retailers Diamond partnered with, our employees, and comic and games fans are in good hands with Universal and Ad Populum," said Diamond Chief Restructuring Officer Robert Gorin.
"We are thrilled to officially welcome Alliance into the Universal Distribution family. This acquisition marks a transformative step forward in our mission to deliver exceptional service and value to retailers and publishers across North America. By combining Alliance's respected legacy and expansive network with Universal's operational strengths and innovation-driven approach, we are poised to elevate the distribution experience across the industry. We look forward to building on the trusted relationships Alliance has cultivated and continuing to support the growth and vibrancy of the hobby gaming community." said Angelo Exarhakos, President and CEO of Universal Distribution.
About Diamond Comic Distributors
Founded in 1982, Diamond Comic Distributors offers a multi-channel platform of publishing, marketing, and fulfillment services, coupled with an unparalleled global distribution network for its retailers, publishers and vendors. Diamond's mission is simple: to provide our customers the best in products, price and personalized service. Learn more at https://www.diamondcomics.com/
About Universal Distribution
Universal has been distributing to hobby stores in Canada for over 30 years, servicing the needs of retailers in comics, collectible toys & figurines, sports and non-sports cards, collectible card games, and role-playing games.
About Ad Populum
Ad Populum aligns corporate strategy and fosters growth across its unique roster of consumer products and entertainment brands by leveraging its strong global retail distribution, product development, and manufacturing capabilities. Across its roster of brands, including NECA, Kidrobot, Wizkids, Chia Pet, Rubies, Smiffys, Enesco, Graceland, and more, Ad Populum is the largest producer of pop culture goods and experiences, targeting everyone from Boomers to Gen Z.
