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 2 responses by kerrybh

@ghdprentice I agree. Not  muchbroom for error in a low volume business with significant capital costs and  a competitive environment to boost. It seems to me that these are the businesses the innovate and take risks And we need them to succeed. Sooner or later, it benefits everyone who is interested in this stuff . 

there’s a lot of competition in what is a very small slice of the market. I don’t think high end will go away, but I definitely think it will change. Over the next 5 to 10 years. I think we will see a very significant migration to all-in-one solutions like the focal diva. The technology will improve and younger folks are going to be less interested in eight boxes and a rats nest of cables. 

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