Purbeck Capital Partners seals deal for business and property rights of toy with model railway maker ...
Hornby, the model train maker, has sold off its slot car racing brand Scalextric to a US drinks tycoon for £20m.
Hornby has owned Scalextric since 1968, though the brand itself dates back even further. Invented by Fred Francis, the first ...
Hornby, which is in the middle of a major transformation with the backing of Sports Direct tycoon Mike Ashley, said it was ...
Toymaking giant Hornby has agreed to sell the nearly 70-year-old slot car racing marque Scalextric. for £20m. Hornby has ...
Hornby Hobbies said on Friday that it has agreed to sell its Scalextric business for £20m. The business is being sold to Scalextric Motorsports, which has been established by Mark Brown, the president ...
Hornby has agreed to sell iconic slot car brand Scalextric to Purbeck Capital Partners for £20m, using the proceeds to cut debt and refocus on core brands including Airfix and model railways.
The deal will see Hornby Hobbies - which operates the popular Wonder Works attraction at its Margate site - receive £8.5m upfront with the remaining £11.5m deferred and payable out of what’s known as ...
Scalextric slot car racing has been around for ages, but like so many other toys these days it has had to adapt its business model to keep going. Gone are the days when all they needed to do to garner ...
I've said before that Scalextric, which many people will imagine to be a motor racing toy of some sort, is actually an arena of serious scientific inquiry. A great deal of stuff that was rendered ...
A UK toy firm will bag £20m after striking a deal to sell the almost 70-year-old slot car racing brand Scalextric.
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