Focal & Naim to Merge Operations
Summer's end is traditionally known as "the silly season" in European newsrooms, but there was nothing silly about the bombshell of a press release that arrived on the desks of hi-fi journalists on August 19. Two of Europe's most successful and best-established high-end audio brands, Focal and Naim Audio, announced that they are joining forces to create a new company, Focal & Co., under the chairmanship of Focal founder Jacques Mahul. With a combined annual earnings of nearly £50 million ($82 million), ca £31 million for Focal and ca £18 million for Naim) and more than 300 employees, Focal & Co. will automatically become a European hi-fi leader in terms of sales and resources.

The Southern California headquarters of cable manufacturer AudioQuest, which includes their offices, a listening room, conference rooms, a very very large warehouse, assembly rooms, a graphic design room, a few kitchens and various and sundry other more mundane but just as important places, is within a few-minutes’ drive from