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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??
bifwynne

Showing 2 responses by jedinite24

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jedinite24
1,503 posts
 
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."
jedinite24's avatar
jedinite24
1,503 posts
 
Bifwynne makes good points. I wonder if the new team will shed some brands or maybe trim product lines for each company? From looking at the brands mentioned in the article wouldn't there be overlap or competition between the McIntosh and Audio Research Company?
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