Thursday, January 17, 2019 - 04:56 AM UTC
I just looked for news about the fate of Revell since the Hobbico bankruptcy but found nothing here at KitMaker, so the following is the latest that I have found. It may be dated but the announcement dates are the latest I found. Interestingly, some molds have been acquired by Atlantis Model Co.
This information is from Summer 2018.
First of all, many classic Aurora, Monogram, Renwal, etc., were acquired by Revell. Actually, much of the Aurora tooling was acquired by Monogram in the 1970s. (I won't mention the train wreck.) In the weird merger of Monogram and Revell, Revell took possession. I'm not certain how all the pieces scattered when the puzzle was broken but I read that Revell sent the Aurora molds to China (uh-oh), where it now belongs to Revell Germany.
Fortunately, other Aurora, Monogram & Revell tooling has been acquired by Atlantis Model Co.
FineScale Modeler announced a news release from the President of Revell USA that Revell is back in Illinois. Marketing takes place out of Champaign, Ill. Horizon Hobby now distributes Revell. Revell Inc. closed after Hobbico failed and sold Revell to Revell Germany (Revell AG). (The price was less than $4MM.)
Revell's line will include some new Revell USA development but also imports from Revell AG.
But that's not all!
An additional press release from Atlantis Model Co.
Atlantis Model Co.: https://www.atlantis-models.com
First of all, many classic Aurora, Monogram, Renwal, etc., were acquired by Revell. Actually, much of the Aurora tooling was acquired by Monogram in the 1970s. (I won't mention the train wreck.) In the weird merger of Monogram and Revell, Revell took possession. I'm not certain how all the pieces scattered when the puzzle was broken but I read that Revell sent the Aurora molds to China (uh-oh), where it now belongs to Revell Germany.
Fortunately, other Aurora, Monogram & Revell tooling has been acquired by Atlantis Model Co.
FineScale Modeler announced a news release from the President of Revell USA that Revell is back in Illinois. Marketing takes place out of Champaign, Ill. Horizon Hobby now distributes Revell. Revell Inc. closed after Hobbico failed and sold Revell to Revell Germany (Revell AG). (The price was less than $4MM.)
Revell's line will include some new Revell USA development but also imports from Revell AG.
But that's not all!
An additional press release from Atlantis Model Co.
- "LONG ISLAND, NY, – Atlantis Model Co., manufacturer of plastic models and toys has purchased the tooling for many plastic model kits from the new owners of Revell, Revell Inc. USA-Blitz Partners. These molds were from the tooling banks of Monogram, Revell, Aurora and Renwal, some dating back to the early 1950s. They were stored in Revell’s Elk Grove facility in the great state of Illinois and represent Automotive, Aircraft, Ships, Military, Figures, Space and many other interesting subjects.
Peter Vetri, President of Atlantis, states, “It’s a lifelong dream to own this historic tooling and archive material related to these molds; to be able to preserve the tooling is a real honor. We look forward to reissuing many classics that have not been available in quite some time. All of the model kits will be made here in the USA and all the tooling and the Archive have been moved from Elk Grove to our facilities in Deer Park, NY."
Atlantis Model Co.: https://www.atlantis-models.com
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