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Vic Pacor

Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options

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Former CEO Pacor Comments on Brand Acquisition Strategy

D+M Group logoWe learned last week that D&M Holdings, also known as the D+M Group, sold off its Calrec Audio brand to Electra Partners, a London-based private equity company. D&M received £14 million ($23.1 million) for Calrec, a designer of premium audio products and live-to-air consoles for the broadcast market. The move is part of a plan to divest itself of all non-core businesses, CEO Jim Caudill has said in press reports.

See more on the company’s aggressive strategy to unload non-core businesses… [Read more…] about Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options

Ex-D&M President Weissburg Heads to Gibson Guitar

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Gibson Logo<March 6, 2012> Gibson Guitar announced yesterday that it has hired ex-D&M President Bob Weissburg as global executive vice president – a new position at Gibson. Although Weissburg’s focus will likely be their consumer electronics and pro divisions, Gibson says he will be in charge of all divisions at the company – including musical instruments. [Read more…] about Ex-D&M President Weissburg Heads to Gibson Guitar