Heller Bankrupt.

Ad: This forum contains affiliate links to products on Amazon and eBay. More information in Terms and rules

Airframes

Benevolens Magister
63,026
12,576
Aug 24, 2008
Cheshire, UK
I've just seen, in the latest 'Hot News' e- mail from Hannant's, that French model manufacturing company Heller have been declared bankrupt and, as yet, no buyer has come forward.
Based in Trun, France, Heller have been around since the 1950s, and were, at one time, part of the Airfix company, when that company was owned by the Borden Group.
It'll be interesting to see what happens here, as there has been quite a bit of 'mould sharing' between Airfix and Heller in the past, and some Airfix kits were produced at the Trun factory at one time. Kits such as the 1/48th scale Sepecat Jaguar GR1/GR3, originally an Airifx release, have been re-released in the past couple of years under the Heller label, and ex-Heller kits, such as the Super Etendard, have been released under the Aikrfix label.
It would be logical for Airfix (Hornby) to 'claim' the mould tools for kits in this category, but whether they're in a position to acquire the company as a whole, given the recent announcement regarding a 60% drop in profits with the Hornby group, is another matter.
With an established brand name, and a fairly good catalogue of products, I would assume that there'd be some interest among other manufacturers, such as Revell, so hopefully the brand, or at least the kits, won't totally disappear.
 
I agree Jim.
I've been modelling since the late 1950s, and seen companies, trends and practices come and go, and I have to say that, I don't think I've seen the hobby at such a peak, with so many manufacturers of kits and accessories, and an overall growth in the general interest - although it does seem that the growth is more within a 'certain age group' !
 
Sad news. Still having a couple of Heller kits in my stash not too bad at all.
 
Fingers crossed, touch wood and all that rot....
Have built a few Heller kits through the years....
I imagine that Heller is to our French neighbours, what Airfix is to us here...
 
I agree. Those people have very possibly been with the company for many years - I hope they can all find suitable employment.
 

Users who are viewing this thread

Back