[Harp-L] Hohner
Paul N. wrote:
<Does the Hohner family still own the Hohner Co.? If not, why did
they sell out and to whom did they sell to?>
No, they no longer own it and there have been no Hohners at Hohner
for over 20 years. Due to the fact that the Hohner family basically
ruined the company through poorly judged investments and an allegedly
luxurious lifestyle, they were forced out under the threat of
imminent bankruptcy in the mid 1980s. I never met any of them and
I've worked for Hohner since 1985. At that point the Deutsche Bank
took charge and appointed ever-changing new mangements for about 15
years with varying degrees of success. In the early 2000s the
Taiwanese company KHS (a major player in the international musical
instrument business) bought the majority of the shares. Now the
company is once again on a stable footing and is still run from its
traditional headquarters in Trossingen, Germany (where the World
Harmonica Festival will take place for the 6th time since 1989 in
only a few weeks),
Steve Baker
www.stevebaker.de
www.bluesculture.com
This archive was generated by a fusion of
Pipermail 0.09 (Mailman edition) and
MHonArc 2.6.8.