WillBrink
Major Contributor
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- Jan 16, 2021
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I didn't know they were closed honestly, but maybe they will be resurrected. I lusted for the brand back in the day, but wouldn't likely buy one now that I can afford it. I don't even know how they measured, but they were synonymous with massive high powered amps:
On June 18, 2024, Krell Industries closed temporarily after the unexpected death of owner and CEO Rondi D'Agostino; Krell has been in limbo ever since. According to Wil Buhler of family holdings company JF Bicking & Co, Krell's long-awaited reopening is within reach.
What’s been happening? Buhler offers an explanation. "JF Bicking's working relationship with Rondi gave her and us equal managerial control, even though she still held the majority share. With the death of her husband in August of 2024, that share has now gone to her heir.
"Through all subsequent negotiations with that heir, the invaluable help of former Krell Industries Vice-President Walter Schofield has enabled us to stick it out through less than cooperative behavior on the majority holder's part. Once matters are settled and we can start up again, Walter will come back onboard a consulting capacity and help with the rebuilding of Krell.
cont: https://www.stereophile.com/content/krell-industries-proceeds-towards-reopening
Krell Industries Proceeds Toward Reopening
On June 18, 2024, Krell Industries closed temporarily after the unexpected death of owner and CEO Rondi D'Agostino; Krell has been in limbo ever since. According to Wil Buhler of family holdings company JF Bicking & Co, Krell's long-awaited reopening is within reach.
What’s been happening? Buhler offers an explanation. "JF Bicking's working relationship with Rondi gave her and us equal managerial control, even though she still held the majority share. With the death of her husband in August of 2024, that share has now gone to her heir.
"Through all subsequent negotiations with that heir, the invaluable help of former Krell Industries Vice-President Walter Schofield has enabled us to stick it out through less than cooperative behavior on the majority holder's part. Once matters are settled and we can start up again, Walter will come back onboard a consulting capacity and help with the rebuilding of Krell.
cont: https://www.stereophile.com/content/krell-industries-proceeds-towards-reopening
