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As we reported in August of '96:
| The news from Grenadier employees at GenCon was the demise of their
company. Grenadier was one of the oldest of the miniatures companies,
with a wide and varied line of fantasy figures in 15mm and 25mm.
The company is now in limbo. Nothing is being produced, no new products
are being created, the factory is closed, and the employees are gone.
We were told by ex-Grenadier employees to expect to see the figure lines
back on the market soon from another company. There is also a possibility
of the company being bought out by another company. When we learn more, we'll
report it here.
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On making inquiries into this story, I received the following anonymous
tip:
| The way I understand it, Stradaleibre
out of Italy was looking to buy Grenadier in a serious way, but
after figuring the retooling cost, plus starting a fresh new advertising
campaign, etc., was looking for a way out.
Last I heard, besides folding,
was that part of Grenadier was filing bankruptcy. Supposedly Grenadier US
was seriously into debt, and Grenadier UK didn't want anything to do with the
Stradaleibre sale, so it didn't cooperate in any way and forced Grenadier US
to wither and die.
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Update: Our Italian readers now confirm that
Stratelibri -
the owner of italian copyrights for Magic: The Gathering - has bought out Grenadier.
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