Hobbico, Inc., announced today that it has acquired Revell Germany. Revell Germany, established is 1956, will continue to operate from its headquarters in Bünde, near Hannover, Germany, and will be led by Hans Remfert, president of Revell Germany. For the past four years, Revell has been a market leader in the plastic model building segment and a key player in toy radio control vehicles in the European toy market. Several new product lines were announced at this year’s Nuremberg Toy Fair.
Hobbico manufactures and markets model hobby products, including radio-controlled models, plastic model kits, flying model rockets, and other hobby and toy products. The 100 percent employee-owned company sells products through several subsidiaries including Revell, Estes, Great Planes Model Distributors, and Tower Hobbies.
This post was originally written by Ericka Johnson and published by ToyBook.com. For more news, visit www.toybook.com, follow The Toy Book on Twitter, and like The Toy Book on Facebook. The Toy Book is a bimonthly trade magazine covering the toy industry, published by Adventure Publishing Group.
