OEM amplifier module provider Pascal A/S has announced a buyout of its minority shareholder Camco, by its Danish founding team. The buyout was executed through a joint holding company, which is now the sole owner of the company.
The buyout follows the acquisition of Camco by L-Group, the holding company for L-Acoustics. Pascal CEO and co-owner Lars Fenger explains, “The buyout of our minority shareholder allows us to continue as a fully independent OEM provider of amplifier solutions to the pro audio industry. As far as we are aware, we are the only OEM amplifier module provider solely focusing on the pro audio market.”
Regarding the company’s future growth plans, Fenger elaborates: “We are now even better positioned to accelerate an already impressive growth rate, as more and more loudspeaker manufacturers seek means to ever faster times to market, for expanding and increasingly diverse product ranges.”
Pascal was recently awarded the Borsen Gazelle Award for the fourth year in a row, a feat that places the company among other top Danish companies in terms of growth.