With Kemble being bought out 100% by Yamaha (9/7/07) this brings to an end the 170 odd year tradition of english piano making.
A sad day, we can only hope things will change...
The end of an era. Kemble buy-out
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Barrie Heaton
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Not quite correct: Kembles have sold their shares of Yamaha-Kemble Music UK Ltd this will be renamed YMHE
There are to be no changes in the UK management, with Andrew Kemble continuing as managing director of the new YMHE Andrew Kemble has been appointed to the position of a vice president of YMHE. Roy Kemble as administration director and company secretary
Kemble & Co Ltd who make the pianos is not affected and is still run by Brian Kemble and the Kemble Family still own most of the shares
Barrie
There are to be no changes in the UK management, with Andrew Kemble continuing as managing director of the new YMHE Andrew Kemble has been appointed to the position of a vice president of YMHE. Roy Kemble as administration director and company secretary
Kemble & Co Ltd who make the pianos is not affected and is still run by Brian Kemble and the Kemble Family still own most of the shares
Barrie
Barrie Heaton
Web Master UK Piano Page
Web Master UK Piano Page
kemble
I don't think it's very good news long-term and probably will make the future less secure for UK production.
Here's the story from MI Pro...
Yamaha has acquired the minority shareholding in Yamaha’s UK music and pro audio subsidiary, Yamaha-Kemble Music UK Ltd, buying up the shares previously owned by the Kemble family.
Yamaha’s European Holding Company, Yamaha Music Holding Europe Gmbh (YMHE) will now own 100 per cent of the company’s shares and it is planned to change the company name this autumn to Yamaha Music (UK) Ltd.
Since the establishment of YMHE in 2002, Yamaha’s European operations have been working ever more closely together. Yamaha decided to obtain full ownership of its European subsidiaries, so as to “increase the speed and flexibility of response to the fast changing business environment,” a formal statement announced.
There are to be no changes in the UK management, with Andrew Kemble continuing as joint managing director and board director and Roy Kemble as administration director and company secretary. Brian Kemble also continues as joint managing director of the unaffected Kemble & Co Ltd. In addition, as part of the development of Yamaha’s European management structures, Andrew Kemble has been appointed to the position of a vice president of YMHE.
Commenting on these changes, Andrew Kemble, on behalf of the Kemble Family said: “The Kemble Family has been privileged to enjoy a very special relationship with Yamaha and its top management over no less than 40 years. This relationship has moved through several stages, from independent importer through to minority shareholder since the mid 1980s. We see this change not as the end of the story, but as the beginning of an important new chapter, as Yamaha evolves its European management. We are delighted, as individuals, to continue to be part of the Yamaha family.”
Matt Oike, President of YMHE, also commented; “The UK has been one of Yamaha’s most successful markets and we recognise the enormous contribution made by the Kemble family. I am sure that the Kembles will continue to play an important part in Yamaha’s European operations in the future, as they have in the past.”
Here's the story from MI Pro...
Yamaha has acquired the minority shareholding in Yamaha’s UK music and pro audio subsidiary, Yamaha-Kemble Music UK Ltd, buying up the shares previously owned by the Kemble family.
Yamaha’s European Holding Company, Yamaha Music Holding Europe Gmbh (YMHE) will now own 100 per cent of the company’s shares and it is planned to change the company name this autumn to Yamaha Music (UK) Ltd.
Since the establishment of YMHE in 2002, Yamaha’s European operations have been working ever more closely together. Yamaha decided to obtain full ownership of its European subsidiaries, so as to “increase the speed and flexibility of response to the fast changing business environment,” a formal statement announced.
There are to be no changes in the UK management, with Andrew Kemble continuing as joint managing director and board director and Roy Kemble as administration director and company secretary. Brian Kemble also continues as joint managing director of the unaffected Kemble & Co Ltd. In addition, as part of the development of Yamaha’s European management structures, Andrew Kemble has been appointed to the position of a vice president of YMHE.
Commenting on these changes, Andrew Kemble, on behalf of the Kemble Family said: “The Kemble Family has been privileged to enjoy a very special relationship with Yamaha and its top management over no less than 40 years. This relationship has moved through several stages, from independent importer through to minority shareholder since the mid 1980s. We see this change not as the end of the story, but as the beginning of an important new chapter, as Yamaha evolves its European management. We are delighted, as individuals, to continue to be part of the Yamaha family.”
Matt Oike, President of YMHE, also commented; “The UK has been one of Yamaha’s most successful markets and we recognise the enormous contribution made by the Kemble family. I am sure that the Kembles will continue to play an important part in Yamaha’s European operations in the future, as they have in the past.”
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Gill the Piano
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Barrie Heaton
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Dear piano-forum users,
You might have read in the press this week of changes at Yamaha-Kemble. Below is their press release.
I would like to confirm that , as stated in the release, there has been no change in either the shareholding or the management of Kemble and Co Ltd. Yamaha-Kemble is the Yamaha distribution company in the UK, and is a completely separate entity to Kemble and Co which is a piano manufacturing company.
Yours sincerely,
Kemble and Co Ltd
Brian Kemble
Joint Managing Director
Press Release
Yamaha has acquired the minority shareholding, previously owned by the Kemble Family, in Yamaha’s UK music and pro audio subsidiary, Yamaha-Kemble Music UK) Ltd. (“YK”)
Yamaha’s European Holding Company (Yamaha Music Holding Europe Gmbh; “YMHE”) will now own 100% of the company’s shares and it is planned to change the company name this Autumn to Yamaha Music (UK) Ltd.
Since the establishment of YMHE in 2002, Yamaha’s European operations have been working ever more closely together. Yamaha decided to obtain 100% ownership of its European subsidiaries, so as to increase its speed and flexibility of response to the fast changing business environment.
There are no changes in the UK management, with Andrew Kemble continuing as Joint Managing Director (and Board Director) and Roy Kemble as Administration Director (and Company Secretary). (Brian Kemble also continues as Joint Managing Director of the unaffected Kemble & Co Ltd). In addition, as part of the development of Yamaha’s European management structures, Andrew Kemble has been appointed to the position of a Vice President of YMHE.
Commenting on these changes, Andrew Kemble, on behalf of the Kemble Family said: “The Kemble Family has been privileged to enjoy a very special relationship with Yamaha and its top management over no less than 40 years. This relationship has moved through several stages, from independent importer through to minority shareholder since the mid 1980s. We see this change not as the end of the story, but as the beginning of an important new chapter, as Yamaha evolves its European management. We are delighted, as individuals, to continue to be part of the Yamaha family.”
Matt Oike, President of YMHE, also commented; “The UK has been one of Yamaha’s most successful markets and we recognise the enormous contribution made by the Kemble family. I am sure that the Kembles will continue to play an important part in Yamaha’s European operations in the future, as they have in the past.”
You might have read in the press this week of changes at Yamaha-Kemble. Below is their press release.
I would like to confirm that , as stated in the release, there has been no change in either the shareholding or the management of Kemble and Co Ltd. Yamaha-Kemble is the Yamaha distribution company in the UK, and is a completely separate entity to Kemble and Co which is a piano manufacturing company.
Yours sincerely,
Kemble and Co Ltd
Brian Kemble
Joint Managing Director
Press Release
Yamaha has acquired the minority shareholding, previously owned by the Kemble Family, in Yamaha’s UK music and pro audio subsidiary, Yamaha-Kemble Music UK) Ltd. (“YK”)
Yamaha’s European Holding Company (Yamaha Music Holding Europe Gmbh; “YMHE”) will now own 100% of the company’s shares and it is planned to change the company name this Autumn to Yamaha Music (UK) Ltd.
Since the establishment of YMHE in 2002, Yamaha’s European operations have been working ever more closely together. Yamaha decided to obtain 100% ownership of its European subsidiaries, so as to increase its speed and flexibility of response to the fast changing business environment.
There are no changes in the UK management, with Andrew Kemble continuing as Joint Managing Director (and Board Director) and Roy Kemble as Administration Director (and Company Secretary). (Brian Kemble also continues as Joint Managing Director of the unaffected Kemble & Co Ltd). In addition, as part of the development of Yamaha’s European management structures, Andrew Kemble has been appointed to the position of a Vice President of YMHE.
Commenting on these changes, Andrew Kemble, on behalf of the Kemble Family said: “The Kemble Family has been privileged to enjoy a very special relationship with Yamaha and its top management over no less than 40 years. This relationship has moved through several stages, from independent importer through to minority shareholder since the mid 1980s. We see this change not as the end of the story, but as the beginning of an important new chapter, as Yamaha evolves its European management. We are delighted, as individuals, to continue to be part of the Yamaha family.”
Matt Oike, President of YMHE, also commented; “The UK has been one of Yamaha’s most successful markets and we recognise the enormous contribution made by the Kemble family. I am sure that the Kembles will continue to play an important part in Yamaha’s European operations in the future, as they have in the past.”
Barrie Heaton
Web Master UK Piano Page
Web Master UK Piano Page
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Barrie Heaton
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- Joined: 30 May 2003, 20:42
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