Monday, November 13, 2006

Bailed out

Airfix & Humbrol have been saved by Hornby you may have seen over the weekend. Of course Hornby itself is hardly on the cutting edge of it's own hobby, though they make enough money to pay the pittance Airfix was up for; £2.4m seems very cheap for all their assets to me.

To be fair to Hornby too my brother, who'se into trains, assures me that recent Hornby product has seen heavy investment to bring it up to it's competitors standards, whilst wisely pitching at the 'Memory lane' market. I think it could be the shot in the arm Airfix need. But on the positive side for me, it means I don't need to start using water based paints just yet. Hoorah!

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