Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats gone on at Rockford over the past year?

gone past year rockford
0
Posted

Whats gone on at Rockford over the past year?

0

Mr. Suttle: We continued as a public company, which has been exciting for us, and we also had a couple of major events happen. We made two key acquisitions. In July we acquired Audio Innovations. They are well known for high-quality speaker enclosures under the brand name of Q-Logic. In September we acquired MB Quart. It is a very well known speaker company in Germany. These two acquisitions help complete our strategic approach to the marketplace. The addition of MB Quart offers a higher- performance, higher priced product. We now have, in retail terminology, a good, better, best selection of brands to offer our dealers ‘ good being Lightning Audio, better being Rockford Fosgate, and best being MB Quart. That’s a strategy we’ve been working on for some time, so we’re pleased to see it come to fruition. Q-Logic also fits nicely into this strategy because enclosures have not been our strongest product category. The addition of Q-Logic gives us a lot of strength in that area. So it’s been

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.