It looks like you're new here. If you want to get involved, click one of these buttons!
Subscribe to our Patreon, and get image uploads with no ads on the site!
Unless I'm reading this entirely wrong Suhr have been bought over by a company who specialises in vape liquid.
http://www.avalancheinternationalcorp.com/
http://finance.yahoo.com/news/avalanche-intl-agrees-buy-js-123450613.html
Base theme by DesignModo & ported to Powered by Vanilla by Chris Ireland, modified by the "theFB" team.
Comments
My first thought was @hubobulous had eventually managed to buy all of the Suhr guitars in the world.
Interesting news though, John's retirement fund looks pretty good.
electric proddy probe machine
My trading feedback thread
I understand everyone's concern but there is really nothing to be concerned about.
We have spent a lot of time with AVLP. They love what we do and want to help us continue on our current path of growth making great products for our customers. The last thing they want is for anything to change.
This is all good for everyone involved. On the announcement day we celebrated with our employees. I will stress that there is no change to quality, process or personnel. You all know that there is nothing more important to me than to maintain the Suhr quality, brand and reputation that we have worked so hard to build. Obviously there are details I am not able to get in to at this point, nor am I able to address every question. From the outside looking in everything stays the same. So remember, nothing changes and I'm still here!
My music:- https://soundcloud.com/hubobulous
It seems that JS is still in charge, which is good.
They might just focus on Rasmus guitars from now on.
Wonder if that'll increase the value of existing Suhr guitars?
My music:- https://soundcloud.com/hubobulous
I'd say the valuation takes into account the volatility of the musical instrument market.
yes! I'll hold on to mine for another few years.
Are you suggesting that maybe JS will bow out at some point in the near future?
I can see the current manmagement sticking around for a while but this from the press release is quite telling, or I'm reading too much into it:
"The Company will work with its founders and current management through this transitional period as the manufacturer continues business as usual"
Venture Capitalists take no prisoners and will be seeking to grow this no matter what...IMO of course
electric proddy probe machine
My trading feedback thread