SubscribeLoginCustomer Service


ADVANCED SEARCH
Log In
Home
Blog
Free Samples
Conferences
Research
Databank
Current Issue
Archives
READER'S CHOICE
Most Popular Stories
• HD Supply CEO: Slowing Infrastructure Sector Won't Fall Far
• Wolseley Profit Declines 30% in 1Q
• Construction Markets Outlook
• MAPI Report: U.S. Economy in Recession
• State of the Distribution Software Industry, Part 4: The Next Steps for Distributors
HOME
ABOUT MDM
CONTACT US
CUSTOMER SERVICE
Copyright © 2008
Gale Media, Inc.
All Rights Reserved.
E-Mail This Article
Printer-Friendly Version
Related Articles from MDM

Trelleborg 3Q Organic Growth at 12%
Report: Industrial Manufacturing Optimism Index Falls
Untitled Document

Enter your email address below to receive our FREE weekly email, MDM Advisor, with industry news, trends and analysis for wholesale distribution executives.

October 29, 2007

Kaman to Shed Music Business

Kaman Corp., Bloomfield, CT, is sharpening its focus on the aerospace and industrial distribution segments by selling its wholly owned subsidiary Kaman Music Corp. to Fender Musical Instruments Corp., Scottsdale, AZ, for $117 million in cash.
 
KMC, which comprises the company's entire Music segment, owns Ovation Guitars, LP and Toca hand percussion products, Gibraltar Hardware, Genz Benz Amplification, Hamer Guitars, and is the U.S. sales representative for Sabian Cymbals, and worldwide distributor of Takamine Guitars and Gretsch Drums.  
 
Privately held Fender is an electric guitar manufacturer. In addition to owning the world-renowned Fender brand name, FMIC also owns Guild guitars, Charvel Guitars, Jackson Guitars, SWR Bass Amplification, Tacoma Guitars, EVH products, and is the exclusive worldwide distributor of Gretsch Guitars.

More Breaking News

  • Technology in Distribution 2009 webinar with Dr. Adam Fein
  • Free Sage Software Webcast: Profit Myths in Wholesale Distribution
  • Microsoft Dynamics® White Paper: Analyze Inventory for Success in Distribution
  • Earned Income Management in Foodservice – A Free White Paper from SAP
  • Infor's Distribution Success Stories: Secrets from Enterprising Distributors
  • Case study: RockySoft report- Six Steps to Effective Inventory Management
  • 4,200 distributors rely on Activant's technology solutions.
  • Click here to download this IBM Executive Information Kit

    • HOME PRIVACY COPYRIGHT SUBSCRIBE

    GALE MEDIA OUR PRODUCTS ADVERTISING