On Nov 28, 2007 1:44 PM, Paul T Williams <pwilliams4 at unlnotes.unl.edu> wrote: > > Hi all, > > While de-bushing a set of keys I just heard on Classical Minnesota Public > Radio that Bosendorfer may be bought by Yamaha. Any truth to this? > > Hei Hei, > > Paul Hi To All, You really should read the posts on the list!! Copied and pasted from Kent's original post on 11/20/07 Kent Swafford to Pianotech show details Nov 20 (9 days ago) Reply Piano Maker Bösendorfer Sold By Matthew Westphal November 19, 2007 The fabled Austrian piano manufacturer Bösendorfer has been sold for just under €11 million, according to the Austrian national broadcaster ORF and Deutsche Presse-Agentur. The purchaser, Brodmann Pianos of Vienna, beat out rival Yamaha Pianos of Japan. Bösendorfer — whose instruments have been considered to rank at the highest level of quality, alongside those of Steinway, Bechstein and Pleyel — has been struggling financially in recent years, with a loss of €2 million in 2006 and accumulated debt of €8 million, according to DPA. The Austrian banking group BAWAG acquired Bösendorfer in 2001 for about US$25 million; the sale of the piano maker follows the purchase of BAWAG by the US hedge fund Cerberus earlier this year. Brodmann Pianos was founded by Joseph Brodmann, who was the teacher of Ignaz Bösendorfer. The apprentice acquired his master's company and created Bösendorfer Pianos in 1828 (though the two firms subsequently split). Brodmann's current chief, Christian Höferl, is a former Bösendorfer sales executive. According to DPA, Bösendorfer staff demanded guarantees that manufacturing operations would not be moved abroad, maintaining that the Austrian provenance of the company's pianos is an integral part of their identity. Send questions and comments to the Webmaster Copyright Â(c) 2002 Playbill, Inc. All Rights Reserved Mike -- Make it idiot proof and someone will make a better idiot. Michael Magness Magness Piano Service 608-786-4404 www.IFixPianos.com email mike at ifixpianos.com -------------- next part -------------- An HTML attachment was scrubbed... URL: https://www.moypiano.com/ptg/caut.php/attachments/20071128/be1bd73f/attachment.html
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