Scale Model Railroad Trains

 News - Nov. 14, 2008 - Aristocraft Prez on Kader Buyout

President of Aristocraft Trains has written to the Aristocraft Forum on Kader’s Buyout of Sanda Kan - -

“LewisPolk
Aristo-Craft Trains President
Join Date: Jan 2000
Location: Irvington,NJ, USA
Posts: 993

Our China Production Factory Has a New Owner

———————————————————————-
———-

Dear All,

Sanda Kan, our OEM maker, was sold yesterday to Kader, who owns
Bachmann among many other primarily real estate companies. Sanda Kan
was sold previously on a leveraged buyout to JP Morgan who did the
usual by firing the expensive, experienced staff, closing facilities
and extending payment times to parts suppliers.

The marriage of the two largest train producers in the world is made
in heaven and will allow Sanda Kan to restore itself to a premier
producer of model trains. At this moment, both operations will be
kept separate, but with a common ownership. Mr. W.S. Ting, who ran
Sanda Kan from the beginning, has come back and I’m sure some of his
original team will too.

Sanda Kan makes for Lionel, Atlas, Lifelike, Walthers, Brawa, Hornby
and a host of some 50 other model train companies. Their capabilities
are astounding and will soon return to that status under the
partnership with Kader. Kader’s owners are dedicated to the model
train industry, unlike a pure financial play, so the focus is back on
trains, rather than numbers.

It’s a positive move and bodes well for the model train industry and
for Aristo-Craft. It will take several months for the newer
production to reach the market place, but we have put many new
changes into place during my recent visit to the factory.

All the best,
Lewis Polk“
Have fun!
Trainguy

Trackback URI | Comments RSS