Transfer of Assets
On Max Ernst's 1976 retirement, Arnold employed perhaps 200 to 250 people, using three facilities in the Nürnberg area. The Company continued under family control until 1995, when Arnold went into bankruptcy and was sold to Rivarossi of Italy. Rivarossi, in turn, also went bankrupt, leading to the sale of all assets to Hornby of the United Kingdom. Production is carried out in China.
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