Good news for modellers

Hornby Buys Airfix, Plans to Make Model Kits in U.K.
Hornby Plc, Britain's largest maker of model railways, said it bought plastic model kit-maker Airfix from Humbrol Ltd., and plans to move some manufacturing of the brand to the U.K. from France.
The company bought assets including Airfix, Humbrol Paints, used for Airfix models and the Young Scientist brand from Humbrol Ltd.'s administrators, Grant Thornton, for 2.6 million pounds ($5 million).
``It's a great fit,'' Chief Executive Officer Frank Martin said in an interview. ``The company is operating in a similar market to ours, with the same distribution channels.'' Martin plans to move some model-kit manufacturing from France to the U.K., as well as China and India.
http://www.bloomberg.com/apps/news?pid=20601102&sid=as_2PfZ98X9I&refer=uk
Hornby Plc, Britain's largest maker of model railways, said it bought plastic model kit-maker Airfix from Humbrol Ltd., and plans to move some manufacturing of the brand to the U.K. from France.
The company bought assets including Airfix, Humbrol Paints, used for Airfix models and the Young Scientist brand from Humbrol Ltd.'s administrators, Grant Thornton, for 2.6 million pounds ($5 million).
``It's a great fit,'' Chief Executive Officer Frank Martin said in an interview. ``The company is operating in a similar market to ours, with the same distribution channels.'' Martin plans to move some model-kit manufacturing from France to the U.K., as well as China and India.
http://www.bloomberg.com/apps/news?pid=20601102&sid=as_2PfZ98X9I&refer=uk