Will the new owners group be primarily US? Fine Sounds was Italian owned.
7 responses Add your response
To those who haven't seen this already..
"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.
I always have an initial shudder when a small co like ARC is subject to a leveraged buyout as the direction of the company may be changed from above and artisanal work may give way to product that is compromised due to a greater need for profits unattainable under the current business model. The fact that Charlie Randall is involved does give me some comfort although I hope he does not focus capital and attention on his baby to the detriment of one of his former arch rivals.