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Thread: Naim (And Focal) Bought Out
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May 18, 2014, 11:55 AM #1
Naim (And Focal) Bought Out
For those who haven't heard...
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As you may have guessed, Naim owners are very curious as to how this will change the company's future (products, support, etc.).Sean
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May 18, 2014, 01:21 PM #2
Re: Naim (And Focal) Bought Out
Interesting
Jock
If you have integrity, nothing else matters. If you don't have integrity, nothing else matters.
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House: Naim ND555/2PS, Naim 552, Naim 500, Studer A80/Doshi V3, Magico M2s, 2 Magico Q-Sub 15s, Lumina IC/SC, Shunyata Everest and Omega PCs.
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May 18, 2014, 01:36 PM #3
Naim (And Focal) Bought Out
That explains why they were in same room at this weeks Munich show
NickNick
Main system :TAD CR1 speakers, Viola Labs Symphony amp,Pass XP-20 preamp., MSB Discrete DAC with twin power supplies and V2 Renderer module, Gigafoil V4 inline ethernet filter with uptone LPS-1 power supply with Ghent audio Gotham 2.1mm to 2.5mm cable and AG diamond ethernet cable, Sonicorbitor Roon Audiophile 6 TB network server-player , MG Audio Design Planus III jumpers & speaker cables, Zitron Cobra power cords, Shunyata Hydra AV, and acoustic zen absolute copper IC,. Room treatment ASC tower traps, Vicoustic absorber premium cinema wall and ceiling panels, and MSR acoustic trifusser side wall panel
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May 18, 2014, 01:48 PM #4
Re: Naim (And Focal) Bought Out
Sean
Lumin T2
Gryphon Diablo 333
Magico A3 w/ A-Pods
AudioQuest Hurricane HC
Shunyata PS8 & Defender & Cabling
HRS E1
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May 18, 2014, 04:15 PM #5
Re: Naim (And Focal) Bought Out
So, Naim was bought out by Focal a few years ago. What has happened is that the majority owner of Focal, Mr. Mahul I believe, was looking to cash out and this was a way for him to sell to the current management team underneath him with the financial support of the French private equity firm. Think of it as a way for Mahul to monetize his life's work and move on from the company (retaining an advisory role presumably on the speaker side of the business which he built all these years), and allowing the senior management underneath him to take over ownership and take things to the next level.
What was never clear to me was the original intent behind the Focal acquisition a few years back. Clearly, with the Fine Sounds Group doing similar consolidation of some key brands (originally SF and then added Audio Research, Wadia, McIntosh and Sumiko) there are folks using private equity backing to consolidate platforms.Cyril
Speakers/Amp/Preamp: Thiel CS2.4 / ARC Ref 110 / ARC Ref 3
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May 18, 2014, 06:05 PM #6
Re: Naim (And Focal) Bought Out
Naim had some shareholders from when Julian died that didn't want to expand naim. And the focal deal enabled naim to do that and also get r&d monies.
No clue on this newest buyoutJock
If you have integrity, nothing else matters. If you don't have integrity, nothing else matters.
---------
House: Naim ND555/2PS, Naim 552, Naim 500, Studer A80/Doshi V3, Magico M2s, 2 Magico Q-Sub 15s, Lumina IC/SC, Shunyata Everest and Omega PCs.
Workshop: Naim ND555/2 PS, VAC Master Pre, VAC Sig 200iQ, Border Patrol pre/power, Avant Garde Duo Mezzo XD, 2 Magico Q-Sub 15s, Shunyata IC/SC, Shunyata Typhon QR/Triton V3/Sigma PCs.
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May 18, 2014, 09:03 PM #7
Re: Naim (And Focal) Bought Out
Thank you for the clarification, Cyril & Jock. I wasn't familiar with the details of either move.
I hope Naim stays the course. Maybe some increased presence in North America.Sean
Lumin T2
Gryphon Diablo 333
Magico A3 w/ A-Pods
AudioQuest Hurricane HC
Shunyata PS8 & Defender & Cabling
HRS E1
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AudioShark forum is a leading forum site for High End Audio Discussion, Stereo System Discussion, Home Theater System Discussion, Best Home Stereo System Discussion, Home Theater Installation Discussion etc.
The AudioShark forum was created for sharing the passion of high-end Audio. We have Audiophiles from all over the world participating and sharing their knowledge. From novice to experts, you will find a friendly environment for discussing about High End Audio, Stereo System, Home Theater System, Home Stereo System, Home Theater Installation, Amplifiers, Speakers, Subwoofers, Integrated System, Acoustic treatments & Digital Room Corrections and many more.
At AudioShark, we also have incorporated an exciting Marketplace where members can peruse terrific buys on used gear, as well as meet dealers and discuss the purchase of new gear.
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