In Reply to: McIntosh has been Japanese owned for over 20 years, probably the reason the brand survived ... posted by three_sox on July 1, 2011 at 23:24:47:
HI-
Yes, D&M Holdings is a Japanese outfit, and without question is responsible for day to day operations. But I was under the impression that the first deal that made up D&M was put together by Ripplewood Partners, an American financial firm, and that since 2008, D&M has been owned by Japanese investment funds that are run by Mitt Romney's business Bain Capital.
So in some sense, since Alpine let McIntosh go, the ultimate say-so has resided in the US; whether it ever has been exercised from the top down, I don't know.
And, I certainly got the impression from Ken Kessler's book that in recent years, all of the management decisions respecting McIntosh have been made locally in Upstate New York.
FWIW & YMMV.
ATB,
JM
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Follow Ups
- Depends how you define that, I guess - John Marks 07:27:32 07/02/11 (1)
- I think there is only one area of ambiguity in the subject heading of my post … - three_sox 18:05:31 07/02/11 (0)