Italy’s RCF snaps up mic maker DPA
Italian speaker giant RCF has announced the acquisition of DPA Microphones A/S (“DPA”) from The Riverside Company.
Highly regarded DPA, based in Allerod, Denmark, has become the pace setter in high-end microphone market in recent years, while RCF has grown into the RCF Group which now includes RCF, AEB Industriale (dB Technologies) and EAW. The RCF Group generates over 80% of its revenues outside of Italy in 120 countries and its transformation follows the decision, in 2017, of two prominent European private equity players, Palladio Holding and Amundi Private Equity Funds, to take a minority stake in order to support and enhance the group in its ambitious growth plans.
Arturo Vicari, CEO of RCF Group says: ‘Since my early days I have been fascinated by the world of microphones. Our portfolio already represents excellence in pro audio and we are very proud to add to our roster DPA – a company that also represents excellence in the microphone industry. We can now offer the complete audio chain, from microphones to speakers for the satisfaction of professionals around the world.’
Kalle Hvidt Nielsen, CEO of DPA adds: ‘We have come a long way during the past few years. Share of sales coming from new products is up from less than 5% to more than 40%, and all major areas in the business have been professionalized and streamlined. Now we look forward to a bright future under new ownership in a Group with an uncompromising quality oriented approach to the Pro Audio business – just like ours.’
Info: www.rcf.it and www.dpamicrophones.com
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