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Yamaha buys Bösendorfer

Tags: yamaha bösendorfer business

2007.12.21. 09:35

Japanese musical instrument giant, Yamaha has announced yesterday they had a successful negotiation with the Austrian financial investor company that owns all the shares of Bösendorfer. According this, they will acquire all the shares of Bösendorfer earlier next year, at a price which is not public (still).

Rumours said Yamaha guaranteed to keep the manufacturing process in Vienna, the city which cannot be imagined without the Bösendorfer sound. The company has 180 employees now, and makes a turnover of 13 million euro per year.

Here comes the official press release.

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