RCF Group announced the signing of a definitive agreement for the acquisition of DPA Microphones from The Riverside Company.This acquisition follows the September 2018 acquisition of EAW, with its history in install and touring sound.
DPA, based in Allerod, Denmark, deals in professional audio microphone market for the live, broadcast, theatre and studio end-user segments. RCF Group, with Headquarters in Italy and branches in the USA and Europe, operates under the companies RCF, AEB Industriale (dB Technologies) and EAW.
RCF Group reportedly generates more than 80% of its revenues outside of Italy in 120 countries. In 2017, two European private equity players, Palladio Holding and Amundi Private Equity Funds, invested in RCF Group with a minority stake in order to support and enhance the group in its ambitious growth plans.
Commenting on the acquisition, Arturo Vicari, CEO of RCF Group stated: “Since my early days I have been fascinated by the world of microphones. Our portfolio already represents excellence in pro audio and we are very proud to add to our roster DPA – a company that also represents excellence in the microphone industry. We can now offer the complete audio chain,
from microphones to speakers for the satisfaction of professionals around the world.”