M&A Deal Summary

Buffet Crampon Acquires Verne Q. Powell Flutes

On April 4, 2016, Buffet Crampon acquired consumer products company Verne Q. Powell Flutes

Acquisition Highlights
  • This is Buffet Crampon’s 1st transaction in the Consumer Products sector.
  • This is Buffet Crampon’s 1st transaction in the United States.
  • This is Buffet Crampon’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2016-04-04
Target Verne Q. Powell Flutes
Sector Consumer Products
Buyer(s) Buffet Crampon
Deal Type Add-on Acquisition

Target

Verne Q. Powell Flutes

Maynard, Massachusetts, United States
Verne Q. Powell Flutes, Inc. is the largest producer of flutes and piccolos in the US, through a prestigious historical brand and a global outreach, notably in Japan and South Korea.

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Buyer(S) 1

Buyer

Buffet Crampon

Mantes La Ville, France

Category Company
Founded 1825
Sector Consumer Products
Employees570
Revenue 67M EUR (2011)
DESCRIPTION

Buffet Crampon is a manufacturer and distributor of clarinets, harmony clarinets, saxophones, oboes, and bassoons. Buffet Crampon owns two brands of brass instruments, Besson and Antoine Courtois: tubas, euphoniums, trumpets, cornets, flugelhorns and trombones, saxhorns, tenor horns, baritones, French horns. Buffet Crampon was founded in 1825 and is based in Mantes La Ville, France.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1