L-Group, holding company of L-Acoustics, has announced the acquisition of CAMCO, a manufacturer of high-end amplifiers, DSP and audio network solutions for the professional audio industry.
Germany-based CAMCO has over twenty-five years of experience developing amplified controller technology and holds several patents in the trade. It has 50 employees and distributes its products in 60 countries in addition to supplying components to sound system manufacturers.
The company will continue to maintain its entire team in Germany and manufacture its signature i-series, Vortex, D-Power and Q-Power amplified controllers while also developing OEM solutions for L-Acoustics and other manufacturers.
CAMCO will keep its brand name and will become a sister company of L-Acoustics, woodworking manufacturer SIMEA and L-ISA, creator of immersive sound art solutions.
Reiner Sassmann, managing director at CAMCO commented on the acquisition: “We are excited to join forces with a leader in the professional sound industry. Our recognized expertise in the design and manufacture of electronics, combined with L-Group’s excellence in the varied domains of sound reinforcement will allow us both to deepen our skills and enhance our ability to innovate. The united strength of our teams will open up multiple and exciting opportunities for mutual future growth.”
Hervé Guillaume, managing director of the holding company also shared his views: “For over a decade, CAMCO has been a key supply partner of L-Acoustics. Their expertise in electronics for the professional sound industry has contributed to the success of the L-Acoustics amplified controllers. Welcoming them into the L-Group family of companies will allow both L-Acoustics and CAMCO to continue growing our research and development expertise. This merger will give us the tools to develop future products to better serve our clients and explore new markets.”