Krell Moves to new location

please see below the ==== for a copy of the above referenced article.  

@bulldogger, Thanks for finding and posting this article on Krell.

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"On June 18, 2024, Krell Industries closed temporarily after the unexpected death of owner and CEO Rondi D'Agostino; Krell has been in limbo ever since. According to Wil Buhler of family holdings company JF Bicking & Co, Krell's long-awaited reopening is within reach.

What’s been happening? Buhler offers an explanation. "JF Bicking's working relationship with Rondi gave her and us equal managerial control, even though she still held the majority share. With the death of her husband in August of 2024, that share has now gone to her heir.

"Through all subsequent negotiations with that heir, the invaluable help of former Krell Industries Vice-President Walter Schofield has enabled us to stick it out through less than cooperative behavior on the majority holder's part. Once matters are settled and we can start up again, Walter will come back onboard and help with the rebuilding and running of Krell.

"Within a day or so, we are planning to submit a formal offer to buy Rondi's outstanding majority share of Krell from her heir. Our lawyers, Royer, Cooper, Cohen and Braunfield (RCCB Law), are pretty confident that we will succeed.

"Once we've conferred with Walter, we will submit our formal offer to buy Krell. Ultimately, we think the courts will intervene. We're requesting the courts to appoint an independent third-party administrator to handle Rondi's estate so that we can proceed with reopening Krell. Our next hearing is next week, between February 3 and 7. That's when an independent administrator will be appointed if the heir has not yet accepted our formal offer for purchase."

Meanwhile, Buhler informs Stereophile readers, krell.industries is the legitimate website for Krell Industries. "The former website, krellhifi.com, has been hijacked," he says. 

What about Krell equipment sent in for repair? Willie Barnett, Krell's longtime repair technician, continues to be affiliated with the company, active on the Krell Owners and Enthusiasts Facebook group, and hard at work. "All Krell equipment previously submitted for repair is safe and currently being fixed," Buhler assures Krell owners. "Product will be sent back to the owners once repairs are complete."

Stereophile has contacted Rondi’s heir and will update this story if and when comment is received. The announcement of the official reopening of Krell Industries will be shared on this site. Please stay tuned".

Good news.  There's light at the end of the tunnel.

Customers should have been given more information and communication prior to this, even though it's good news for customers who have been waiting for their gear to be repaired and returned. Too much, too little too late, I think. I don't believe their reputation will ever really recover from this.

@roxy54 I agree "the hour is late." But I don't think it's too late. I really like the sound of the Krell XD stuff. I am hoping that the development of the flagship stereo and monoblock amp's tech will trickle down to new lower priced amplifiers to replace the XD series. Walter is back but let's also hope Dave Goodman will come back to do this designing. These are really wonderful relaxed, smooth, natural sounding amplifiers. The XD series is several years old now. New designs and products are just as important, in the future, as getting restarted is now.

Great to hear that Walter is back if KRELL rises back up. I bought my 300i and 175XD after emailing him a few times. Sold both but wish I still had at least one of them.

Hopefully, Dave Goodman is back too,