Grange and Randall Lead Management Buyout of Fine Sounds Group
McIntosh's President Charlie Randall, pictured outside the company's Binghamton HQ. (Photo: John Atkinson)
We received the following press release on May 7Ed.
Mauro Grange, CEO of Fine Sounds SpA, and Charlie Randall, longtime President of McIntosh Laboratory, Inc., have announced their plans for a management buyout of Fine Sounds Group in partnership with LBO France and Yarpa. The acquisition will facilitate greater opportunities for global collaborations amongst the product development, marketing, distribution and finance teams of each of the Group's portfolio of brands, which includes Sonus Faber, Audio Research Corporation, Wadia Digital, Sumiko and McIntosh.