NHT's new owner

Discussion in 'Archived Threads 2001-2004' started by Danny Tse, Dec 27, 2002.

  1. Danny Tse

    Danny Tse Producer

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    Just read that speaker manufacturer NHT has been sold. Recoton Corp has apparently sold NHT to auto audio manufacturer Rockford.
    NHT sold
     
  2. ColinM

    ColinM Cinematographer

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    If I won the lotto I'd buy NHT. Apparently worth less than $35M...
     
  3. Danny Tse

    Danny Tse Producer

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    Yeah, $35 million for 2 divisions of Recoton. So NHT actually is worth way less than $35 million. It's kind of surprising. I wonder how much a JBL can fetch?
     
  4. Phill O

    Phill O Stunt Coordinator

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    I always felt that Recoton and NHT where a miss matched pair.
    Perhaps Rockford & NHT will be a better marriage. I will be optimistic. Apparently many dealers have dumped the NHT line. I know my local dealer here has hardly any NHT products currently on hand. Maybe that will change.
     
  5. ColinM

    ColinM Cinematographer

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    I gotta go to a supercrazy high end shop in MPLS to see NHT now. I get nervous around $5000 cd players. Can't...concentrate....
     
  6. John Garcia

    John Garcia Executive Producer

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    That's very interesting, since Rockford is (still?) owned by Harman Audio.
     
  7. Jay_E

    Jay_E Stunt Coordinator

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  8. Hap C

    Hap C Agent

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    NHT products have historically been superb quality and a very good value as well. The trick for NHT management is to hold all that together while making another new corporate home.
    Here's a link to Rockford's corporate net site. Looks to me like NHT fills a big gap in their product line in the US, so this acquisition makes sense for them if the price was right. http://www.rockfordcorp.com/home/
     
  9. Guy Usher

    Guy Usher Supporting Actor

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    Please, I dont want to start seeing NHT at WalMart, NHT has always been a criticaly acclaimed speaker, I for one hope they retain their "Mission Statement".
     
  10. Danny Tse

    Danny Tse Producer

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    I didn't know MB Quart is owned by Rockford. Besides its stellar reputataion in car audio, some of the most expensive and best performing home audio speakers use MB Quart drivers. Maybe NHT can benefit from being in the same stable as MB Quart.
     

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