Hornby Disposal of Oxford Diecast

Started by Train Waiting, November 06, 2024, 09:33:15 AM

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Train Waiting

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
Please visit us at www.poppingham.com

'Why does the Disney Castle work so well?  Because it borrows from reality without ever slipping into it.'

(Acknowledgement: John Goodall Esq, Architectural Editor, 'Country Life'.)

The Table-Top Railway is an attempt to create, in British 'N' gauge,  a 'semi-scenic' railway in the old-fashioned style, reminiscent of the layouts of the 1930s to the 1950s.

For the made-up background to the railway and list of characters, please see here: https://www.ngaugeforum.co.uk/SMFN/index.php?topic=38281.msg607991#msg607991

Roy L S

#1
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
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