Hornby has agreed to sell off a loss-making subsidiary which makes Oxford Diecast models. Shares in the scale models group rose after it confirmed the deal, which comes as part of a strategy to boost ...

The sale will see EKD take control of the Oxford Diecast brand, which was started in 1993 and is one of the world’s largest manufacturers of 1:76 scale models. Hornby said Oxford Diecast made a ...

Hornby is to sell its Oxford Diecast business as part of a strategic review (Alamy/PA) Hornby has agreed to sell off a loss-making subsidiary which makes Oxford Diecast models. Shares in the scale ...

Hornby said Oxford Diecast made a roughly £200,000 pre-tax loss for the year to March 31, and has net book value of almost £3 million on the group’s balance sheet.

Hornby said Oxford Diecast made a roughly £200,000 pre-tax loss for the year to March 31, and has net book value of almost £3 million on the group’s balance sheet.