LaRose Industries, LLC is an American toy, arts & crafts, and stationery company based in Randolph, New Jersey . It sells products primarily under the brands Cra-Z-Art, RoseArt, and USA Gold.
6-496: The modern company was founded in 2008 by Lawrence Rosen, whose grandfather Isidor had founded the original RoseArt company in 1923. After the sale of the company by Rosen, his father, and his brother Jeffrey Rosen to Mega Brands in 2005, Lawrence Rosen began a new company, primarily using the Cra-Z-Art branding for its products. Mega Brands was acquired by Mattel in 2014. Early in 2021, LaRose Industries announced it purchased
12-651: A stub . You can help Misplaced Pages by expanding it . Jeffrey Rosen (businessman) Jeffrey H. Rosen is an American billionaire businessman. He is the founder, chairman, and owner of Triangle Financial Services, a sports and entertainment investment firm , and the owner of both the Maccabi Haifa basketball team in Israel and the Miami Midnites basketball team in the United States. Rosen
18-794: The RoseArt brand from Mattel. The original company was established when Isidor Rosen founded the Rosebud Art Company in New York City in 1923. During the 1970s, the company renamed itself RoseArt. In 2005, Isidor's son, Sydney, and his two sons sold RoseArt to Mega Brands. In September 2006, the Rosens, as former owners of Rose Art Industries, filed suit against Mega Brands, alleging insider trading by company executives in 2005 and 2006. Mega Brands counter sued and in November 2009
24-494: The company in 1923. He and his brother and father sold the company in 2005 for approximately $ 350 million, at a time when it had 1,000 employees and 10% of the US arts and crafts market, behind only Crayola . Thereafter, Rosen founded, and is the chairman and owner of, Triangle Financial Services LLC, of Aventura, Florida , a sports and entertainment investment firm . It invests internationally in sports enterprises, and sponsors
30-453: The parties settled. The Rosens agreed to pay back $ 17.2 million and forgo claims of an additional $ 54.8 million. Early in 2021, LaRose Industries, announced it purchased the RoseArt brand from Mattel. The purchase reunites the RoseArt brand with the Rosen family. This business-related article is a stub . You can help Misplaced Pages by expanding it . This article about a toy company is
36-820: Was born in Brooklyn, New York , raised in Queens, New York , and West Orange, New Jersey , and is Jewish. He attended West Essex High School in New Jersey. He then attended Northeastern University . There, Rosen earned a political science degree. Rosen was the President, COO, and owner (with his brother Lawrence and father Sydney) of Rose Art Industries Inc., a toys, stationery, and art and crafts manufacturing and supply company based in Livingston, New Jersey , from 1977 to 2006. His grandfather had founded
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