RCF Group acquires Montarbo
- Details
From an operational standpoint, the brand’s running and distribution will be overseen by AEB Industriale.
A statement from RCF says: “The incorporation of Montarbo into the group further expands our product range in a market segment that is demonstrating strong growth. The acquisition perfectly fits RCF Group’s strategy of selective M&A activity focussing on iconic brands that leveraging the Group’s competitive positioning, together with its technical and commercial expertise, fully exploit the growth potential contributing to the Group’s progress and value creation.”
Arturo Vicari, CEO of RCF Group, comments: “We’re delighted to welcome Montarbo to our Group. It’s a historic brand that has contributed to the evolution of the music and professional audio industry in Italy and around the world. For anyone who has followed the development of this market over the years, elite brands such as Montarbo have a special significance and therefore represent a wonderful opportunity for us to increase the value of our group. RCF Group is one of the most dynamic organisations in the global professional audio industry, meaning Montarbo will be able to live up to its potential and continue to grow alongside us.”
(Jim Evans)
