Miro was founded in Paris in 1936 by Fred Mirowitch and Leo J. Frankenthal. The company changed hands in 1950, after which it became the producer of French-language versions of Waddington Ltd. and
Parker Brothers games, later becoming a subsidiary of
General Mills. In 1980,
General Mills merged its three toy business in France (Miro Company, Parker Brothers France and
Meccano France) forming Miro-Meccano. In 1985,
General Mills spun off its toy division as Kenner Parker Toys, Inc. Miro-Meccano was renamed Kenner Parker and the
Meccano brand and its factory in Calais were sold. In 1987, Tonka purchased Kenner Parker for $555 million, borrowing extensively to fund the acquisition. However, the cost of servicing the debt meant Tonka itself had to find a buyer and it was eventually acquired by Hasbro in 1991. ==References==