Hornby, which is in the middle of a major transformation with the backing of Sports Direct tycoon Mike Ashley, said it was selling the Scalextric to investment group Purbeck Capital Partners.

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.

Hornby, the model train maker, has sold off its slot car racing brand Scalextric to a US drinks tycoon for £20m. The firm’s deal to sell the toy car racing range, founded 70 ye ...

Hornby, the maker of model trains, is seeing a boost in sales after a successful Black Friday. This development has helped shares of the Margate-based company rise. The positive trend sets Hornby on a ...

Frasers Group has acquired a near 9% stake in model trains-to-planes firm Hornby as it continues its acquisition spree. The latest investment builds on an existing partnership with the toy company, ...

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Hornby has confirmed it has reached a conditional agreement to sell one one of its model vehicle brands, Oxford Diecast, to a company owned by the Thanet firm’s former chief executive. It says Oxford ...

(Alliance News) - Hornby PLC on Thursday called a general meeting to ask shareholders to approve its exit from the AIM market in London and re-registration as a private limited company, ending nearly ...

Families and fans of trains, planes and automobiles are invited to a special open weekend at Hornby’s WonderWorks in Margate this August – with everything from hands-on activities and model displays ...

(Sharecast News) - Model train set maker Hornby said on Thursday that it was planning to leave the AIM stock market and go private, citing regulatory hurdles and a desire to cut costs. Hornby said ...

Share price surges as retail billionaire raises holdings to 8.9pc Daniel Woolfson is a Senior Business Reporter at The Telegraph, covering consumer and leisure industries. He has spent more than a ...