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Ovation purchase by DW?

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jay
Posted 2015-01-06 2:32 PM (#504490)
Subject: Ovation purchase by DW?



Joined:
January 2009
Posts: 1249

Location: Texas

As posted on Ovation Collectors facebook page:

Interesting news- Ovation is no longer a Kaman brand, now owned by DW (drum workshop). They bought all of the Kaman percussion lines, Ovation was bundled with them.

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jamesholl
Posted 2015-01-06 3:02 PM (#504491 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
June 2012
Posts: 112

Location: Bristol England
Is this for real and, if so, where is DW based USA? Korea? China?
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d'ovation
Posted 2015-01-06 4:13 PM (#504494 - in reply to #504491)
Subject: Re: Ovation purchase by DW?


Joined:
December 2003
Posts: 846

Location: Canada

jamesholl - 2015-01-06 2:02 PM Is this for real and, if so, where is DW based USA? Korea? China?

Wkipedia says they are in Oxnard, California ...

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Designzilla
Posted 2015-01-06 4:26 PM (#504495 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2004
Posts: 2150

Location: Orlando, FL
and they offer factory tours.
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d'ovation
Posted 2015-01-06 4:41 PM (#504498 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2003
Posts: 846

Location: Canada
News release:
http://spotlight.fender.com/newsroom/news/459/
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Designzilla
Posted 2015-01-06 4:55 PM (#504500 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2004
Posts: 2150

Location: Orlando, FL
Time will tell. Looks like a great American DRUM company.

Drum Workshop, Inc. is a family owned American manufacturer of professional drums, pedals and hardware. Many of the world's top professionals, such as Sheila E., Mick Fleetwood, Neil Peart, Max Weinberg and Dave Grohl have made the DW brand "The Drummer's Choice." Drum Workshop is also home to Pacific Drums and Percussion, a full line of production drum and hardware products. For more information...

At least it wasn't a banjo company...

Edited by Designzilla 2015-01-06 4:56 PM
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Patch
Posted 2015-01-06 5:18 PM (#504503 - in reply to #504490)
Subject: RE: Ovation purchase by DW?



Joined:
May 2006
Posts: 4221

Location: Steeler Nation, Hudson Valley Contingent

"We are extremely proud of our team's effort to nurture and grow each of the individual brands and are enthusiastic for their future,” said FMIC’s interim CEO and board member Scott Gilbertson.


That made me throw up a little in my mouth.

And I can't help but have a bad feeling for John Budny's team in New Hartford all of a sudden.

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PEZ
Posted 2015-01-06 5:18 PM (#504504 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
July 2003
Posts: 3111

Location: Nashville TN.
Wonder how long New Hartford repair will be there?
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Jimmer
Posted 2015-01-06 5:19 PM (#504506 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
May 2013
Posts: 152

I was thinking of bringing my 1687 up there for a tune up. Wonder if it's too late.
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alpep
Posted 2015-01-06 5:20 PM (#504507 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2001
Posts: 10581

Location: NJ
gone gone gone.....
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PEZ
Posted 2015-01-06 5:25 PM (#504509 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
July 2003
Posts: 3111

Location: Nashville TN.
confirmed gone? Good thing they reset the neck on my 1777-usa in Dec.
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alpep
Posted 2015-01-06 5:37 PM (#504510 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2001
Posts: 10581

Location: NJ
not positive but waiting for an e mail from budny
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Damon67
Posted 2015-01-06 5:53 PM (#504513 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
December 2006
Posts: 6992

Location: Jet City
I have a guitar over there right now. Should I be nervous?
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Damon67
Posted 2015-01-06 6:07 PM (#504514 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
December 2006
Posts: 6992

Location: Jet City
Let's just hope they're still making wine.
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Moscow
Posted 2015-01-06 6:42 PM (#504515 - in reply to #504500)
Subject: Re: Ovation purchase by DW?


Joined:
December 2014
Posts: 24

Designzilla - At least it wasn't a banjo company...

... and that quote certianly made my day 

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Geostorm98
Posted 2015-01-07 4:56 AM (#504527 - in reply to #504490)
Subject: RE: Ovation purchase by DW?



Joined:
September 2011
Posts: 402

Location: New Hartford CT
JAN. 6 I KMC, DW I SALE
KMC Music Sells Percussion Brands, Ovation Guitars to Drum Workshop
Fender Musical Instruments Corporation (FMIC) announced today that its subsidiary, KMC Music, has sold its owned and licensed percussion brands, including Gretsch Drums, Latin Percussion, Toca Percussion, KAT Percussion and Gibraltar Hardware — as well as the Ovation guitar brand and the exclusive U.S. distribution rights for Sabian Cymbals — to Drum Workshop, Inc., the manufacturer of DW drums, hardware and accessories.

"We are extremely proud of our team's effort to nurture and grow each of the individual brands and are enthusiastic for their future," said Scott Gilbertson, FMIC's interim CEO and board member. "We recognize the strategic opportunity for DW and are confident that they will be champions of the brands moving forward."

"This is an amazing opportunity to extend our passion and commitment for the art of drumming," said Chris Lombardi, CEO of Drum Workshop, Inc. "We're excited to welcome these legendary American brands to the DW family."

Financial and other terms of the deal are not disclosed.

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Geostorm98
Posted 2015-01-07 5:14 AM (#504529 - in reply to #504490)
Subject: RE: Ovation purchase by DW?



Joined:
September 2011
Posts: 402

Location: New Hartford CT
Drum Workshop has become a behemoth in the world of drum manufacturing. From making a cannister seat and chain drive pedals in the 70's....to becoming one of the top drum companies in the world, DW has always been on the move. They manufacture their USA lines in Oxnard CA and their PDP import line is built in Mexico. Just a huge company.

Their drums and hardware are innovative and the President of the company, John Good, is a not just a CEO who rests in a back office but actually pitch matches drum shells out on the plant floor. He's a good man...I'm not sure where Ovation fits in, especially the repair shop in New Hartford. I mean, they're a drum company and it seems they are expanding their vistas to own a major distribution chain as well.
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alpep
Posted 2015-01-07 8:09 AM (#504534 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
December 2001
Posts: 10581

Location: NJ
dw is a pimple in the industry.

I bet them dump ovation to their oxnard neighbor .......

wait for it

cordoba

oh yeah they own guild.......
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d'ovation
Posted 2015-01-07 8:48 AM (#504539 - in reply to #504534)
Subject: Re: Ovation purchase by DW?


Joined:
December 2003
Posts: 846

Location: Canada

alpep - 2015-01-07 7:09 AM dw is a pimple in the industry. I bet them dump ovation to their oxnard neighbor ....... wait for it cordoba oh yeah they own guild.......

Well there's also another more established and respected acoustic guitar maker in that neighbourhood - Larrivee ...

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Darkbar
Posted 2015-01-07 11:52 AM (#504542 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
January 2009
Posts: 4535

Location: Flahdaw
Sure seems like the Ovation brand was just kind of thrown in that deal. It doesn't make any sense logistically. Maybe FMIC did not want to shoulder the negative PR when Ovation ultimately gets eliminated. "Another iconic American brand is no more, thanks to FMIC..." Who wants THAT blame? Better it be DW.
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DanSavage
Posted 2015-01-07 12:07 PM (#504543 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
June 2012
Posts: 2303

Location: Lake Forest, CA
My hope is that Ovation doesn't turn into the DesignCAD 3D of the guitar world.

DesignCAD 3D was an affordable CAD program originally developed in the 1990s for PCs running MS-DOS. It was a good program for its time.

When the original company that developed the program went out of business, the product was passed around more than a $5 hooker.
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Standingovation
Posted 2015-01-07 1:19 PM (#504546 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
June 2002
Posts: 6191

Location: Phoenix AZ
Face it guys, the Ovation brand is dead. They just can't figure out where to put the corpse.
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jay
Posted 2015-01-07 1:57 PM (#504548 - in reply to #504546)
Subject: Re: Ovation purchase by DW?



Joined:
January 2009
Posts: 1249

Location: Texas

+1 Dave...concise and accurate. sadly...

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jamesholl
Posted 2015-01-07 2:15 PM (#504549 - in reply to #504490)
Subject: Re: Ovation purchase by DW?


Joined:
June 2012
Posts: 112

Location: Bristol England
Lazarus made it and so did the phoenix. It's not over till the fat lady sings!

Lets not presume life extinct until the Certificate has been issued.
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TAFKAR
Posted 2015-01-07 2:52 PM (#504550 - in reply to #504490)
Subject: Re: Ovation purchase by DW?



Joined:
April 2008
Posts: 2985

Location: Sydney, Australia
Maybe it will come back to life like Bugatti. Hopefully it won't take as long.
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