Free Newsletter Subscription
       

German Maestro Pushes Into U.S.

By Amy Gilroy -- TWICE, 4/6/2009

German Maestro said it hopes to sell its new car stereo brand through 150 outlets by the end of the year.

Lead by industry veteran Ray Windsor, the company is selling speakers manufactured in the same Obrigheim, Germany factory where the original MB Quart speakers were previously built.

Windsor said his focus is to push a protected brand that carries 55 percent margins and maintains a strict minimum resale policy.

The company, which recently shipped its first speakers, tracks product serial numbers to prevent transshipping and claimed to possess the “discipline” to cut off transshippers. Product is also protected from Internet sales.

The German Maestro line includes the EV6508 6.5-inch component speaker at a $450 street price and a 10-inch Marina MRC 10008 coaxial speaker for $1,000.

MB Quart was purchased while in receivership in 2005 by Maxxsonics, which later sold the MB Quart factory to former MB Quart management who launched the German Maestro brand in November 2008. Windsor claimed the factory's 40 employees are all original MB Quart employees.

German Maestro announced Windsor as president in January.

Related Content

No related content found.

» MORE

Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Blogs
  • Photos

Sorry, no blogs are active for this topic.

ADL award winners Jerry Satoren

Vitelli, Satoren, Juszkiewicz Honored By ADL

The National Consumer Technology Industry's annual dinner and fundraiser for the Anti-Defamation League (ADL) honored drew more than 500 industry leaders, here, on Saturday, Nov. 14.
VIEW ALL GALLERIES







Advertisement
If you are having trouble accessing TWICE content or wish to subscribe to TWICE Online
please email customercare@mypressplus.com or call 866-71-PRESS (866-717-7377).
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   Affiliate Links
© 2011 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy