L-Acoustics buys Camco: “What took them so long?”7 November 2016
L-Group, parent company of French loudspeaker designer L-Acoustics, has announced the acquisition of Camco, the German amplifier manufacturer.
Camco, which employs 50 in Wenden, 75km east of Cologne, has over 25 years of experience designing power amps; it holds several patents and distributes its products in 60 countries around the globe. Ahead of the deal, Camco supplied components to some of L-Acoustics’ rival professional sound system manufacturers.
Camco says it will maintain its full team in Germany, and will continue to manufacture its signature i-series, Vortex, D-Power and Q-Power amplified controllers. Camco becomes a sister company of L-Acoustics, woodworking manufacturer SIMEA, and L-ISA, L-Acoustics’ nascent spin-off brand creating immersive sound art solutions.
“For over a decade, Camco has been a key supply partner of L-Acoustics,” says Hervé Guillaume, MD of the L-Group holding company. “Their expertise in electronics for the professional sound industry has contributed to the success of the L-Acoustics amplified controllers.”
Camco was well-known as a supplier of amplifiers to competing French brand Nexo, until Yamaha took a majority stake in the brand in 2008.
“We are excited to join forces with a leader in the professional sound industry,” says Reiner Sassmann, a managing director at Camco. “The united strength of our teams will open up multiple and exciting opportunities for mutual future growth.”
John Penn, head of leading UK-based PA provider SSE Audio Group and a long-time customer of both brands, told PSNEurope: “My first reaction was, What took them so long?
“It’s entirely logical. Two great businesses whose commercial successes are inextricably linked to the other.
“The amazing technology Camco has delivered has helped L-Acoustics products keep taking a step forward – all for the benefit of the user base,” continues Penn.
“I’m very pleased for Camco founders Reiner and Joachim.”
Main image (L-R): Hervé Guillaume (L-Group); Reiner Sassmann and Joachim Stoecker, Camco joint-managing directors; Christian Heil, founder and president at L-Group/L-Acoustics