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MBL Insolvent

I apologize if someone else has started a thread I missed, but reports indicate that MBL has initiated insolvency proceedings under German law. Not all businesses succeed- its a feature not a bug in a free enterprise system- but hopefully new investors will come in and save the company. This seems to be following the way of Audio Research (fortunately saved) and others-lots of uncertainty surrounding Dartzeel, Krell, etc, which is unfortunate. So many of these manufacturers are small businesses, obviously without huge capital reserves and sometimes without a good succession plan when the founders move on. I hope MBL successfully restructures, it makes great products. I think we all benefit from a healthy, vibrant group at the top end that has the resources to create and innovate. Good luck MBL.

kerrybh

Showing 1 response by emergingsoul

emergingsoul
1,280 posts
 

I had an interest in the speakers for a while but they look too weird.  Every time people come to my home they would seem to provide a distraction and I don't wanna break out into conversation every time someone steps into the room about the speaker.  That was kind of annoying to deal with the speaker if I did buy it.

Speakers kind of weird maybe that's why they're not doing very well despite how good they might sound. 

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