RCF Group Announces Acquisition of MONTARBO
RCF Group, one of the fastest growing groups in the professional audio market, has announced that it has completed the acquisition of Montarbo. From an operational standpoint, AEB Industriale will oversee the brand’s running and distribution.
The incorporation of Montarbo into the group further expands the company’s product range in a market segment that is demonstrating strong growth. The acquisition perfectly fits RCF Group’s strategy of selective M&A activity focusing on iconic brands that leveraging the Group’s competitive positioning, together with its technical and commercial expertise, fully exploit the growth potential contributing to the Group’s progress and value creation.
Arturo Vicari, the CEO of RCF GROUP, gave the following reaction to the news:
“We’re delighted to welcome Montarbo to our group. It’s an historic brand that has contributed to the evolution of the music and professional audio industry in Italy and around the world. For anyone who - like myself - has followed the development of this market over the years, elite brands such as Montarbo have a special significance and therefore represent a wonderful opportunity for us to increase the value of our group. RCF Group is one of the most dynamic organisations in the global professional audio industry, meaning Montarbo will be able to live up to its potential and continue to grow alongside us.”