Frasers Group has made a move to further develop its relationship with Hornby, which is a supplier to its Game retail chain, with the acquisition of 11.1m shares in the toys and games specialist.
Chris Wootton, CFO, Frasers Groiup said: “Frasers Group has a vision to build the planet’s most admired and compelling brand ecosystem. Hornby’s portfolio of unique heritage brands are already part of Game’s product offer and we look forward to exploring opportunities to further leverage our scale in retail logistics and distribution.”
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