Will the new owners group be primarily US? Fine Sounds was Italian owned.
Anyone catch news about The Fine Sounds Group?
Just read on The Audio Beat web site a news blip that the Italian owner of The Fine Sounds Group sold out to a new group of investors which includes McIntosh management. As an fyi, The Fine Sounds Group includes such notable high-end companies such as ARC, Wadia, McIntosh and Sonus Faber.
I wonder if the ownership shift heralds a change in the way the constituent companies do business??
I wonder if the ownership shift heralds a change in the way the constituent companies do business??
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To those who haven't seen this already.. http://www.marketwatch.com/story/grange-and-randall-lead-management-buyout-of-fine-sounds-group-in-partnership-with-lbo-france-and-yarpa-2014-05-09 "The company headquarters will subsequently relocate to New York City, with (Mauro) Grange serving as Group CEO and (Charlie) Randall serving as Group COO and President of McIntosh concurrently." |
It will be interesting to see what happens. I am thinking a new question for a trivia game would be "how many owners has McIntosh had" , as much as I like the products they have had at least four owners since I became a customer. I hope that they will at least let the companies continue in their path of product development and marketing as Fine a Sounds did. |
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