RCF Group has acquired DPA Microphones from The Riverside Company.
The deal follows RCF’s acquisition of US loudspeaker company EAW, as the business looks to strengthen its position in the market as an all-round provider of pro audio products and solutions.
With its HQ in Italy and branches in the US and across Europe, RCF Group is home to the RCF brand, AEB Industriale (dB Technologies), EAW and now DPA, one of the world’s leading microphone manufacturers. More than 80 per cent of the group’s revenues come from outside of Italy in 120 countries.
In 2017 two prominent European private equity players, Palladio Holding and Amundi Private Equity Funds, invested in RCF Group with a minority stake in order to support and enhance the group in its ambitious growth plans.
Arturo Vicari, CEO of RCF Group commented: “Since my early days I have been fascinated by the world of microphones. Our portfolio already represents excellence in pro audio and we are very proud to add to our roster DPA – a company that also represents excellence in the microphone industry. We can now offer the complete audio chain, from microphones to speakers for the satisfaction of professionals around the world.
Kalle Hvidt Nielsen, CEO of DPA said: "We have come a long way during the past few years. Share of sales coming from new products is up from less than 5% to more than 40 per cent, and all major areas in the business have been professionalized and streamlined. Now we look forward to a bright future under new ownership in a Group with an uncompromising quality oriented approach to the Pro Audio business – just like ours.”
Earlier this year, AMI sister title PSNEurope spoke to Vicari about the group’s EAW acquisition, while EAW president TJ Smith also offered an exclusive interview into what the acquisition means for the US company’s plans to break the European market.