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Phoenix Capital

First Onkyo – Now Gibson Guitar Acquires Majority of Teac; Can Gibson Put the Pieces Together?

April 3, 2013 by Ted Leave a Comment

Graphic showing jigsaw puzzle piecesGibson Guitar Corp. announced last Friday morning at 4:00AM EDST that it would acquire a controlling interest in Japan’s Teac Corp, extending it’s entrĂ© into consumer electronics market via newly affordable, if struggling, Japanese companies. Last year, Gibson took a significant minority stake in Onkyo Corp., and additionally purchased a majority share of Onkyo’s American subsidiary, Onkyo USA. Teac, with both a consumer business under the Teac and Esoteric brands, and a professional business under the Tascam brand, broadens Gibson’s consumer and pro initiatives.

Can Gibson put the pieces together into a cohesive – and profitable – group?… [Read more…] about First Onkyo – Now Gibson Guitar Acquires Majority of Teac; Can Gibson Put the Pieces Together?

Filed Under: Brands, Management, Manufacturers, Marketing, News, Pivot Point, Retailers, Strategy Tagged With: Esoteric, Gibson Guitar, Henry Juszkiewicz, Onkyo, Phoenix Capital, Tascam, Teac, Yuji Hanabusa

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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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