LGBoA Signs Exclusive Agreement with Märklin

[TallDude]

Heres some good news!!

LGBoA Signs Exclusive Agreement with Märklin

LGB of America today announced that it has signed an exclusive distribution agreement with Märklin. The agreement means that LGB consumers in North America will continue to get quality LGB products and service from their friends at LGB of America.

"I have seen Märklin's commitment to keeping the spirit of LGB alive," said Tony Castellano, President of LGBoA. "And now, LGB of America is prepared for a very bright future as the one-stop source for the best model trains in the world."

LGBoA expects to receive shipments soon of LGB products from Nürnberg. Märklin has also announced that it expects to restart the successful "LGB Club" and its member magazine as soon as possible. "Containers to be shipped to our Freehold warehouse are already being prepared, and we're pushing hard to serve our customers even better than before," said Castellano, who noted that details concerning new products, prices and availability will be released as quickly as possible.

In conjunction with the Märklin agreement, LGBoA also announced today that its parent company, G45 Inc., has been transferred to new owners: LGBoA President Tony Castellano and Munich attorney Stefan Jakob, who represented LGBoA in the Lehmann bankruptcy proceedings. "I saw the potential in LGBoA," said Jakob. "Now, I can see that potential becoming reality."

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[Trainman1965]

Well this sounds like some real good news. Hope it all works out for both companys.