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Focal point
Listed under: News
Published: Monday, September 12, 2011
News reached us this month that two venerated names in the audio industry will combine forces with a view to aiding research and development without hindering the separate brand identities. The merger of Focal and Naim, who have a combined turnover in excess of £48 million, has resulted in creation of Focal & Co. who will employ 325 people at its facilities in Saint-Etienne, France and Salisbury, UK. With the development of both brands acting as the driving force behind this move Focal & Co. told us: “the Research & Development teams of Focal and Naim are central to the success of both brands. By bringing together these hugely talented individuals, Focal & Co. will create an industry leading R&D capability to propel the Naim and Focal brands to the next level of innovative, high quality sound classics in the dynamic new world of Hi-Fi technology.”
Jacques Mahul, Founder and Chairman Focal & Co. commented: “For future success the key point is that there is no future for a speaker or electronic company alone. Partnership and collaboration are the way forward both in terms of investment and R&D. Working together means you can go more quickly and successfully whilst remaining true to the respective brands.” Paul Stephenson, Managing Director of Naim Audio Ltd and now member of the Board of Focal & Co. added: “It is a merger of European minds. In Focal, we have found a partner which shares our passion for music and will help us take Naim to the next level. We can achieve far more together than would have been possible alone, yet at the same time we are able to retain everything that is unique about Naim and everything that our customers love us for. We have some incredible developments in the pipeline and this alliance will help us get those to market as quickly as possible.”
http://www.focal.com
Jacques Mahul, Founder and Chairman Focal & Co. commented: “For future success the key point is that there is no future for a speaker or electronic company alone. Partnership and collaboration are the way forward both in terms of investment and R&D. Working together means you can go more quickly and successfully whilst remaining true to the respective brands.” Paul Stephenson, Managing Director of Naim Audio Ltd and now member of the Board of Focal & Co. added: “It is a merger of European minds. In Focal, we have found a partner which shares our passion for music and will help us take Naim to the next level. We can achieve far more together than would have been possible alone, yet at the same time we are able to retain everything that is unique about Naim and everything that our customers love us for. We have some incredible developments in the pipeline and this alliance will help us get those to market as quickly as possible.”
http://www.focal.com
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