PALM Expo Magazine
Sound · Light · Audio Visual
Global Sound Technologies Participations S.Ã r.l. ("Investindustrial"), an investment arm of Investindustrial-managed funds, has finalized the acquisition of RCF Group, a leading global designer, manufacturer, and distributor of professional audio systems. Headquartered in Reggio Emilia, Italy, RCF Group is known for producing high-quality professional loudspeakers and audio solutions for concerts, installations, and public facilities.
Founded in 1949, the RCF Group has grown into a significant player in the professional loudspeaker market, with products in over 130 countries and a turnover of approximately €250 million in 2023. Employing about 600 staff across Italy, Albania, the U.S., and Mexico, the company has consistently delivered innovative solutions in the pro-audio space.
The acquisition by Investindustrial aims to accelerate RCF's international growth, particularly in Asia, the Middle East, and the Americas. CEO Arturo Vicari and Chairman Alfredo Macchiaverna will continue to lead RCF, ensuring continuity in its management. The partnership also seeks to bolster the group's presence through organic expansion and acquisitions.
Andrea C. Bonomi, Chairman of the Investindustrial Industrial Advisory Board, remarked, "RCF Group is an Italian leader in the professional audio market... We are excited to work with CEO Arturo Vicari, Chairman Alfredo Macchiaverna, and the management team to consolidate RCF's presence globally."
RCF Group's CEO, Arturo Vicari, expressed pride in the new partnership, stating, "We have chosen to work with a group that shares our desire to manufacture excellent and successful products and transparency in doing business."
Investindustrial has a robust track record of investing in niche manufacturing companies and has experience in executing international expansions through its buy-and-build strategies.