Looks like their high profile investor and newly appointed CEO are leaving. Company left with 10m debt.
https://www.whathifi.com/news/bowers...pert-appointed
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Looks like their high profile investor and newly appointed CEO are leaving. Company left with 10m debt.
https://www.whathifi.com/news/bowers...pert-appointed
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That could affect Rotel and Classe too.
Interesting. Thanks for posting.
Classe has no relationship with B&W and B&W is just the world wide distributor of Rotel. They don’t own Rotel either.
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Thanks for clarifying Mike. The link above included a hyperlink to another article from 2016 when B&W was acquired by this group. That article read: “Canadian high-end hi-fi company Classé is already owned by B&W so is part of the newly-formed company.” But that was from nearly 4 years ago.
We received a confidential update this morning from the VP of B&W. I’m not worried. They had some real positives.
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Yeah, here’s the “confidential” update...
https://www.whathifi.com/news/bowers...eva-automation
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Found this:
https://www.strata-gee.com/breakdown...s-fever-pitch/
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so who does actually own b&w?