Good Day, for those who care....
When Serblin was with SF they were a family owned company. They were sourcing parts from Denmark, Switzerland and Germany. They were using highly skilled Italian craftsmen to design & produce their products.
At a certain point they partnered with an Italian VC Quadrivio Capital SGR. Back in those days one of Quadrivio's biggest holdings was a frozen food line. This coincided with when SF parted ways with Serblin. He went on to produce speakers under his own company.
Quadrivio used SF to back door their way to gain control of Fine Sounds. Through Fine Sounds Quadtivio bought controlling interests in several companies through a consolidated debt structure with in the luxury high end audio market.
This new structure included consolidating costs on every level as well as key leadership positions. Some of those companies were/are Sumiko, Audio Research, Rel, McIntosh, Wadia and of course Sonus Faber.
Quadrivio sold Fine Sounds Group to LBO Yarpa. LBO then backed McIntosh in a management by out of Fine Sounds which is now called McIntosh Group. Fine Sound still remains on the board.
All one needs to do is to look at these brands before and after all this happened. Everything became homogenized. Rel got out and is its own company again. But Wadia is gone. Will Sonus Faber suffer the same fate only time will tell.
When Serblin was with SF they were a family owned company. They were sourcing parts from Denmark, Switzerland and Germany. They were using highly skilled Italian craftsmen to design & produce their products.
At a certain point they partnered with an Italian VC Quadrivio Capital SGR. Back in those days one of Quadrivio's biggest holdings was a frozen food line. This coincided with when SF parted ways with Serblin. He went on to produce speakers under his own company.
Quadrivio used SF to back door their way to gain control of Fine Sounds. Through Fine Sounds Quadtivio bought controlling interests in several companies through a consolidated debt structure with in the luxury high end audio market.
This new structure included consolidating costs on every level as well as key leadership positions. Some of those companies were/are Sumiko, Audio Research, Rel, McIntosh, Wadia and of course Sonus Faber.
Quadrivio sold Fine Sounds Group to LBO Yarpa. LBO then backed McIntosh in a management by out of Fine Sounds which is now called McIntosh Group. Fine Sound still remains on the board.
All one needs to do is to look at these brands before and after all this happened. Everything became homogenized. Rel got out and is its own company again. But Wadia is gone. Will Sonus Faber suffer the same fate only time will tell.