6 MODEL AIRPLANE INTERNATIONAL - June 2018NewslineNewslineNewslineNewslineNewslineNewsline
Our contact at Revell has sent over information on the future of Revell
GmBH, their ownership and we hope a possible home for many of
the Revell/Monogram kits that we love so much. The press release
is presented here in full as supplied to us, no alterations having been
made. If and when we get any further information, we will post that up
on this site. Here is the release in full...“Revell GmbH starts strengthened into future with new owner
Revell GmbH (Germany) announces today that in a court hearing
which took place on 13 April 2018 at the US court having jurisdiction
in Delaware the sale of Revell GmbH has been confi rmed in favor of
a company of the international investment group Quantum Capital
Partners (QCP) with its company seat in Munich (Germany) as sole
shareholder. The sale happened in the course of Hobbico, Inc.‘s
restructuring process under Chapter 11.Bünde, 16 April 2018
For Revell GmbH, which so far belonged to a company of the Hobbico,
Inc. group in Champaign (USA) initiating a restructuring process under
Chapter 11 of the US bankruptcy code at the turn of the year and
announcing its plans to sell the group of companies, a lasting solution in
terms of change of ownership emerged throughout this proceedings on
13 April 2018. New sole shareholder of Revell GmbH will be a company
from the international investment group Quantum Capital Partners (QCP)in Munich. The operating business will not at all be impaired by this.German investor as new Revell owner
The sale also includes key assets for the North America business, such
as trademarks as well as the extensive tool bank being so important
for the plastic model building segment. With the change of ownership
Revell experiences a strengthening, as this involves an extension of the
sales market and an even wider range of products.Worldwide business operated from Bünde
The previous management in Bünde under the control of Stefan Krings
will in future operate the worldwide business including North America.
„Revell is very happy to have Quantum Capital Partners as strong
partner, who will assist the company to reach its further international
growth. At this point I like to also thank all trade and business partners
for the confi dence they have placed in us in the past weeks of interim
period”, is the comment from Stefan Krings on this news.
Steffen Görig, representative of QCP further explains: “Revell is a well-
known and well- established company and it has shown impressively in
the past how to found its position as successful toy brand. We will build
on this strength and will further develop the Revell brand with its unique
position as provider of model kits and toy manufacturer. We look forward
to assist Stefan Krings and his team in that achievement and to realize
the full growth potential of Revell.”REVELL
http://www.airfi x.com
AIRFIX
The agile and reliable BAe Hawk T.1 has been
providing the Royal Air Force with an effective
advanced jet pilot training platform for over 40 years,
replacing the Folland Gnat in this role. With over
1000 aircraft produced, the Hawk has also proved tobe one of Britain’s most lucrative post war aviation
export successes. This rereleased kit includes the
following colour schemes:● British Aerospace Hawk T.Mk.1, No.151 (Fighter)Squadron, Royal Air Force Chivenor, Devon,
England, July 1983
● British Aerospace Hawk T.Mk.1, No.208 (R)
Squadron, Royal Air Force Valley, Anglesey, Wales,
April 2016 – Squadron Centenary schemeBAE HAWK T.
REVELL PRESS RELEASE FOR IMMEDIATE ATTENTION...
The agile and reliable BAe Hawk T.1 has been
providing the Royal Air Force with an effective
advanced jet pilot training platform for over 40 years,
replacing the Folland Gnat in this role. With over
1000 aircraft produced, the Hawk has also proved tobe one of Britain’s most lucrative post war aviation
export successes. This rereleased kit includes the
following colour schemes:● British Aerospace Hawk T.Mk.1, No.151 (Fighter)Squadron, Royal Air Force Chivenor, Devon,
England, July 1983
● British Aerospace Hawk T.Mk.1, No.208 (R)
Squadron, Royal Air Force Valley, Anglesey, Wales,
April 2016 – Squadron Centenary schemeNEWSLINE 155.indd 2 08/05/2018 12: