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 larryi

Sad news indeed.  We don’t know what went wrong and it is not fair to second guess their business decisions that got them to this point.  Even though I did not like all aspects of their sound (a touch too hard and metallic sounding), they certainly did other things well (imaging and having a wide sweet spot.  From a purely sonic perspective, they deserved a place in the market.  I bet someone will buy the design and this design will remain in the market in some form.

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