I got a media release from Atlas this morning announcing that effective immediately they had acquired BLMA Models.
The email is copied in part below:
FOR RELEASE ON JANUARY 6, 2016
Atlas Model Railroad Co. Agrees to Purchase BLMA Models Inc.
HILLSIDE, New Jersey: Effective immediately, Atlas Model Railroad Co., has agreed to purchase BLMA Models Inc., of Fullerton, California. Founded in 2000, BLMA manufactures quality HO, N, and Z scale rolling stock and accessories. Upon completion of the acquisition, Atlas will own and release all current tooling, inventory, and will continue with production plans outlined by BLMA, prior to the sale.
Craig Martyn, Founder and President of BLMA Models, stated:
“What started as a hobby business 16 years ago has turned into something larger than I ever expected. The experiences, knowledge, and most importantly, the friendships gained through developing BLMA have been life changing, and I will be forever grateful to the many that supported my endeavors.
As to the changeover process Atlas stated that:
Paul Graf, Chief Executive Officer of Atlas Model Railroad Co, stated:
“BLMA’s reputation for detail and prototypical accuracy is compatible with Atlas’. The HO and N rolling stock will fit seamlessly into the Atlas Master line of product. The details and accessories are a perfect complement Atlas’ existing product line.
“We have known Craig since he first entered the market, and have had a good relationship with him and BLMA through the years. We are happy that Craig will be able to work with Atlas over the coming years as we incorporate the BLMA products into Atlas’ line, as well as bring some of BLMA’s planned new products to fruition. We plan to make the announcement of the first product from BLMA’s existing products as soon as the purchase is completed.”
On January 6th, 2016, BLMA will stop selling product direct, in preparation of shipping the inventory to Atlas. During the transition, BLMA will process open orders for pre- ordered rolling stock, though Atlas will physically fulfill the orders. These models include:
- N scale GSC 60’ Flat Car (Run #2)
- N scale ACF 52’ Gondola (Run #3)
- N scale Trinity 31K Crude Oil Tank Cars
- HO & N Trinity 5660 Covered Hoppers
- HO & N Trinity 64’ Modern Reefers – Tropicana
- HO & N Bx-166 60’ Box Car – BNSF
In the coming years, Craig will work as a consultant to Atlas, ensuring a smooth transition, assistance on development and help with marketing. Atlas expects to release many popular BLMA items with all-new numbers, paint schemes, and more. Furthermore, Atlas will develop and release items already scheduled internally by BLMA.