N Gauge Forum

General Category => N Gauge Discussion => Topic started by: Train Waiting on November 06, 2024, 09:33:15 AM

Title: Hornby Disposal of Oxford Diecast
Post by: Train Waiting on November 06, 2024, 09:33:15 AM
Hello Chums

An interesting announcement to the Stock Exchange can be seen here:

https://polaris.brighterir.com/public/hornby/news/rns/story/x89q2or


'N' Gauge is Such Fun!

With all best wishes.

John
Title: Re: Hornby Disposal of Oxford Diecast
Post by: Roy L S on November 06, 2024, 10:52:07 AM
Ltndon jones (former Hornby CEO) previously owned Oxford diecast and Oxford Rail before joining Hornby, and them purchasing the businesses from him was very likely because he couldn't continue to run them as competitors in his position within that organisation.

From what I have read he is a pretty savvy businessman and Oxford was previously a profitable business (with it's own factory). I can't see any mention of Oxford Rail being included so presumably the sale is limited to the diecast business?

Roy