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Hornby Fail To Aquire Sanda Kan

 
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poliss
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Joined: 24 Feb 2008
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Location: Newcastle
PostPosted: Fri Jun 12, 2009 3:37 pm    Post subject: Hornby Fail To Aquire Sanda Kan Reply with quote
Reading through Hornby's preliminary results I noticed that they tried to buy Sanda Kan but lost out to Kader, Bachmann's parent company.
I haven't seen this reported on other forums, but I could have missed it.

See the report at https://www.hemscott.com/ir/hrn/i...ews-item&item=158327526927101
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Last edited by poliss on Thu Jul 02, 2009 12:13 am; edited 1 time in total
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dave`s dangerous
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Joined: 31 Dec 2008
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PostPosted: Fri Jun 12, 2009 8:10 pm    Post subject: Reply with quote
poliss wrote:
Reading through Hornby's preliminary results I noticed that they tried to buy Sanda Kan but lost out to Kader, Bachmann's parent company.
I haven't seen this reported on other forums, but I could have missed it.

See the report at https://www.hemscott.com/ir/hrn/i...ews-item&item=158327526927101
Does this mean Hornby will get even futher behind manufacturing new stock?
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poliss
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PostPosted: Fri Jun 12, 2009 8:15 pm    Post subject: Reply with quote
No, I don't think so. The last thing that Bachmann would want is for Hornby to go bust.
When daddy goes into the toyshop to buy little Johnny a train set he will think Hornby and while he's there notice that there are Bachmann train sets too and buy one instead.
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Joe
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PostPosted: Fri Jun 12, 2009 8:41 pm    Post subject: Reply with quote
I agree with Pol, it wouldnt mean anything bad for Hornby I shouldn't think, it's like ebay, they bidded and lost so they keep the money for a possibly better factory?


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