Pascal announces buyout of shareholder Camco
- Details
The buyout follows the acquisition of Camco by L-Group, the holding company for L-Acoustics. Pascal CEO and co-owner Lars Fenger explains, "The buyout of our minority shareholder allows us to continue as a fully independent OEM provider of amplifier solutions to the pro audio industry. As far as we are aware, we are the only OEM amplifier module provider solely focusing on the pro audio market, fully autonomous of potentially conflicting house branded product.
"We are thankful for the more than 10 years of collaboration with Camco, who today use our patented technology and designs in all of their Class-D based amplifiers," he adds.
Regarding the company's future