HPI, Hobbico reach distribution agreement
February 22, 2013
HPI has named Hobbico/Great Planes Model Distributors its exclusive North American distributor. |
The company made the announcement Feb. 21 “in light of recent media speculation,” according to a release on HPI’s website.
“We would like to be clear that Hobbico has not, purchased HPI, HPI’s assets or the rights to any HPI products,” the release said. “Hobbico/Great Planes Model Distributors have simply purchased the necessary product inventory to enable them to provide the service levels required from an exclusive distributor in such a large market area.
“Their comprehensive distribution facilities will ensure fast and effective supply of the entire HPI product line.”
Hobbico will begin handling customer service inquiries for HPI products beginning March 1, according to the release.
HPI USA will retain its California headquarters. HPI Europe will handle centralized purchasing and logistics operations. “These combined efforts will enable North American shops and customers better and faster access to HPI’s kits, spares and support,” the release added.