Posted Tue Oct 9, 2012 at 09:00 AM PDT by Dick Ward
The new owners also have companies like Audio Research and Sonus Faber under their umbrella.
McIntosh Laboratory was sold off this week from D + M to an Italian company named Fine Sounds, which also owns Audio Research, Sonus Faber, Wadia and Sumiko. Usually we see a lot of company boilerplate when sales happen, but McIntosh is psyched for the change.
"They’re not in the specialty niche than McIntosh plays in," says McIntosh president Charlie Randall about the previous owners. Fine Sounds, he says, will be a better fit overall, since the two companies have the same goals and similar high-end product offerings. He also says that because all of the products under the Fine Sounds brand are fairly different, there's very little overlap between brands.
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