EKD is itself owned by Lyndon Davies and his family. Davies was former CEO and then chairman of Hornby and continues to serve as a non-executive director of the Margate-based company. He will step ...

Hornby has agreed the sale of a loss-making business as part of strategic efforts to return the model train maker to profitability.

Hornby is selling its loss-making Oxford Diecast model car brand for 1.38 million pounds ($1.8 million) as part of a streamlining of the business and as it focuses on its Corgi brand within the same ...