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ARCHIVED FORUM -- March 2012 to February 2022
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This is the second Archived Forum which was active between 1st March 2012 and 23rd February 2022

 

French article : bang olufsen becomes chinese

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olvisab
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olvisab Posted: Tue, Oct 4 2016 9:47 PM

just discover this article (04/2016) :

http://www.lesnumeriques.com/audio/bang-olufsen-devient-chinois-n51373.html

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Millemissen
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What do you want to say with this?

The article - which admittedly I can't read - is from spring 2016!

MM

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olvisab
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olvisab replied on Tue, Oct 4 2016 10:48 PM

I didn't know that nearly 20 % of b&o shares belong to a chinese business man. That makes him the first shareholder according to them.

 

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Millemissen
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That is not a secret - just read the Annual Report/General Meeting 2016.

By the way - they are not the biggest shareholder. ATP (danish capital fund/pension fund) holds more shares.

MM

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Chris Townsend
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If they do the same to B&O that they've done to Volvo, thank god for the Chinese. They are incredibly aware of how important a brand is, and in Volvos case that's very much being Swedish.

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olvisab
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olvisab replied on Wed, Oct 5 2016 6:38 AM

You are right chris. I was temptated to buy a Volvo recently and was surprised to see how much they preserve it.

opposite of Ford who stole everything and let the brand poorer than before.

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Razlaw
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Razlaw replied on Wed, Oct 5 2016 5:26 PM
I have been tempted to buy the new Volvo S90. It is a beautiful car with an interior unlike any other car.

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