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Audioprof Group International Acquires Majority Share in Community Professional Loudspeakers
Posted on Monday, October 5, 2015
Audioprof Group International is delighted to announce that it has
acquired a majority share in Community Professional Loudspeakers, a USA-based
loudspeaker manufacturer with global sales activities.
Community is a market leader with a strong track record in large and medium
sized fixed install audio applications. It was founded in 1968 by Bruce Howze
and became an innovator in the audio industry through revolutionary products
like the world’s first dedicated midrange compression driver, the M4, and the first
lightweight fiberglass horns. Community designs and manufactures
high-performance indoor and outdoor loudspeakers that provide reliable,
long-term service, often for applications in extreme and challenging
environments. Its products can be found in the world’s leading sports venues,
auditoria, theme parks, worship facilities and convention centers, with recent
installations including Commonwealth Stadium in Canada, Arena Lublin in Poland,
St. Paul Union Depot in Minnesota, USA and World Cup venues in Brazil.
Audioprof Group International is the holding company established to develop and
build strong audio companies with a focus on specific niches in the audio
industry. It currently owns a majority stake in Apart Audio, founded by Tom
Gheysens in 1992, a fast-growing European loudspeaker and electronics
manufacturer with a strong focus on small and medium commercial fixed install
applications (foodservice and hospitality, retail, outdoor, sports and leisure,
education, religion and corporate).
“We are very happy that we can offer our worldwide customers a complete range
from indoor to outdoor and from small to large fixed Install Audio solutions
with two very strong brands: Community and Apart Audio. Both companies will be
developed as standalone entities under the same umbrella respecting their
market focus, customer base, culture and heritage. They will enjoy ‘best
practice sharing’ from both sides. With a strong base in Europe and the USA we
will strengthen our worldwide position in Installed Sound. We are very pleased
that Bruce Howze stays on board as an important shareholder, President and
R&D Director and that Christine Howze will continue to help us grow the
business. Leadership positions at Community will remain the same with Steve
Johnson as CEO,” said Hans Swinnen, Chairman of Audioprof Group International.
“It has been a wonderful and enjoyable journey since the company’s beginning
and I’m very glad to have found a shareholder and partner with the same
entrepreneurial background and spirit that drives Community,” said Bruce Howze,
founder of Community. “The relationship with Audioprof ensures continuity of
the Community brand for our employees and customers, and I’m confident that we
are positioning the company with the right partner for continued growth in the
future.”
In case of inquiries, please contact Koen Claerbout, Managing Director (koen.claerbout@audioprof.com or +32 3 448 01
60) at Audioprof Group International or Steve Johnson, CEO (sjohnson@communitypro.com or +1 610 876 3400)
at Community.
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