Re: Ludwig's parent company sold
Kohlberg & Company started as a hostile takeover corporate raider of large companies but they have mellowed a bit over the years and they now take over smaller companies. Either way I am sure that Ludwig will be split up and sold off.
Without knowing the financial status of Ludwig it is hard to say exactly what will happen.
I can't see Ludwig as being a financial asset though.
The prize that Kohlberg wanted was definitely Steinway.
Ludwig is just a knick knack that was in the house that they bought.
The snare drum division is the profit center for Ludwig.
The other divisions may be sold off.
I kind of like old drums:)
Last edited by bobdadruma; 07-02-2013 at 05:29 AM.