Very interesting! I wonder what’s up with that.
From their announcement which I think sums it up pretty well.
“While the company has achieved sales growth in North America in recent years, ongoing economic challenges and market uncertainty have led Dynaudio to prioritize investments and resources in markets that offer the strongest strategic opportunities for future development.”
Being a big fan of Octave, I wonder what ripple effect this may have. I wrote them and am interested in any reply. Both companies make awesome products…
This might be the beginning of several European HiFi companies to depart the US market - I don’t blame them.
Received an excellent response from both Octave in Germany as well as US distributor. Sound like US distributor will shut current operations in September per Dyn but as always a new entity will take its place. Octave has always had great customer support. I’m doubting we will see many manufacturers run for the hills but doing business here certainly has not gotten any easier.
I enjoyed Octaves response as well ;
Dear Michael,
I’ve forwarded your email to our Dynaudio NA team.
But don’t worry: Octave will continue to have a presence in America and offer every conceivable service. (Besides, Octave devices practically never break down.JJJ )
I wish you already a wonderful weekend …