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Classe

Surprise! Sound United Makes Bid to Acquire Classé

December 14, 2017 by Ted Leave a Comment

BREAKING NEWS

Will High-End Classé Represent Sound United’s Crown Jewel?

Classe logoJust when you thought it was all over, Strata-gee has learned that a new suitor – Vista, CA-based Sound United – has emerged to make a bid to acquire Classé Audio from current owner B&W Group. Classé was shut down by B&W on October 6th, as we reported at the time. However, because the company was still sitting on a relatively significant level of inventory – and was considering producing an additional small run of certain models to balance out their inventory to facilitate liquidation – B&W executives often maintained it was still in business.

When deals with three previously interested parties failed to come to fruition, B&W made the decision to close Classé’s Montreal headquarters, dismiss all Classé staff, and turned over service and support functions to B&W facilities.

See more on this surprising development for Classé… [Read more…] about Surprise! Sound United Makes Bid to Acquire Classé

Filed Under: Brands, Financial, Manufacturers, News, Pivot Point, Specialty, Strategy Tagged With: B&W Group, Bain Capital, Boston Acoustics, Bowers & Wilkins, Charlesbank Capital Partners, Classe, D&M Holdings, D+M Group, Definitive Technology, DEI Holdings, Denon, HEOS, HEOS by Denon, Marantz, Polk Audio, Sound United

Confirmed: B&W Closes Classé HQ; Staff Dismissed

October 8, 2017 by Ted 1 Comment

Photo of Classe amp
Classé CP-800

We have now confirmed that at the end of the day last Friday, October 6th, the Classé headquarters facility was in fact closed by Bowers & Wilkins (B&W) for the last time and all remaining employees were dismissed. This move is a sad and sobering end to a once proud brand celebrated by many audiophiles as one of the finest performing lines of high-end electronics available.

See more of what we know about the closing of Classé… [Read more…] about Confirmed: B&W Closes Classé HQ; Staff Dismissed

Filed Under: Management, Manufacturers, News, Pivot Point, Strategy Tagged With: B&W, Bowers & Wilkins, Classe

Case Closed: Classé Closing October 6th

September 28, 2017 by Ted Leave a Comment

Classe logoMultiple sources are telling us that on Friday, October 6th, the Montreal headquarters of Classé will close their doors for the last time and all remaining employees will be let go. This includes the dismissal of Classé President Dave Nauber, who has been with the company since 2002. Classé is part of the B&W Group, which itself is going through a major restructuring in the wake of the dismissal of President Doug Henderson as we reported to you back in July.

See more on what we’ve learned about the situation at Classé… [Read more…] about Case Closed: Classé Closing October 6th

Filed Under: Management, Manufacturers, News, Pivot Point Tagged With: B&W Group, Bowers & Wilkins, Classe, Dave Nauber, Richard Campbell

In Letter to Dealers: Status of Classé is Still Mysterious

July 26, 2017 by Ted Leave a Comment

Classe CP-800The mysterious circumstances enveloping high-end electronics manufacturer Classé, part of the B&W Group, that we first reported on last week appear to be continuing. There has been a new development – a new communication about the matter to Classé dealers by owner B&W Group. But imprecise wording – perhaps done intentionally – only serves to keep the situation unclear…and dealers debating…

See what the letter to Classé dealers says about the company’s status… [Read more…] about In Letter to Dealers: Status of Classé is Still Mysterious

Filed Under: Brands, Manufacturers, News, Pivot Point, Strategy Tagged With: B&W Group, Bowers & Wilkins, Classe, Delta, Richard Campbell, Sigma

New Mystery: Has Classé Closed?

July 20, 2017 by Ted Leave a Comment

Fact? or Fiction?

Classe logoLess than a week after we reported that B&W Group President Doug Henderson had been summarily dismissed from the company he has been a key executive at for more than a decade, the rumor mill has fired up again with word that Classé has been closed down. Classé, like B&W Loudspeakers, is owned and distributed by B&W Group Ltd., a company recently acquired by EVA Automation. Multiple sources are suggesting that EVA owner Gideon Yu has decided to cease operations at the high end manufacturer of audio electronics.

See what we found out from B&W Group about Classé… [Read more…] about New Mystery: Has Classé Closed?

Filed Under: Brands, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: B&W, B&W Group, Bowers & Wilkins, Classe, Doug Henderson, Gideon Yu

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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