United by their passion for perfect sound, leading high-end audio brands Focal and Naim, today announce they are merging to create a new European leader in the audio industry. Focal & Co will own and manage Focal and Naim as independent brands, retaining their unique philosophies and product ranges.
Focal & Co, owned by Jacques Mahul (Founder and Chairman), CM-CIC (long-term shareholder in Focal) and the management teams of Focal and Naim, will employ 325 people at its facilities in Saint-Etienne, France and Salisbury, UK and have a combined turnover in excess of £48 million.
The Research & Development teams of Focal and Naim are central to the success of both brands. By bringing together these hugely talented individuals, Focal & Co will create an industry leading R&D capability to propel the Naim and Focal brands to the next level of innovative, high quality sound classics in the dynamic new world of hi-fi technology. (bron: naimaudio.com)