RCF Group Announces Acquisition of Montarbo

RCF Group, among the fastest growing groups in the professional audio market, announces that it has completed the acquisition of Montarbo, an historic brand in the sector. From an operational standpoint, the brand's running and distribution will be overseen by AEB Industriale.

The incorporation of Montarbo into the group further expands RCF Group's product range in a market segment that is demonstrating strong growth. The acquisition perfectly fits RCF Group's strategy of selective M&A activity focusing on iconic brands that leverage the Group's competitive positioning, together with its technical and commercial expertise, fully exploit the growth potential contributing to the Group's progress and value creation.

Arturo Vicari, the CEO of RCF Group, gave the following reaction to the news: "We're delighted to welcome Montarbo to our group. It's an historic brand that has contributed to the evolution of the music and professional audio industry in Italy and around the world. For anyone who -- like myself -- has followed the development of this market over the years, elite brands such as Montarbo have a special significance and therefore represent a wonderful opportunity for us to increase the value of our group. RCF Group is one of the most dynamic organizations in the global professional audio industry, meaning Montarbo will be able to live up to its potential and continue to grow alongside us."

RCF Group is a global player in the design, production, and commercialization of professional audio and public sound products and systems. The Group includes the iconic brands RCF, which has been one of the leading producers of professional loudspeakers and high-end sound systems since 1949, and db Technologies, which specializes in amplification systems for the professional market. In 2018, the group acquired EAW, the iconic American producer of audio systems for large installations and events. This was followed in 2019 by the acquisition of Danish company DPA Microphones, a global leader in the production of high-end microphones. This allowed the group to expand its product range of quality, reliable solutions to cover the entire audio chain for the professional market.