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http://www.stereophile.com/news/022606industry/REL—the new generation: Sumiko partners John Hunter and Donald Brody recently announced that they had acquired REL Acoustics, Ltd. in Bridgend, UK and REL's cabinet-making facility in Sheffield, UK in November 2005.
REL is known for its "sub bass speaker systems," or subwoofers, and Sumiko has been its US distributor for the last decade, a period during which the manufacturer's sales have risen by "1100%," according to a press release. "The acquisition of the company was driven by 66-year-old founder Richard Lord's desire to retire," said Donald Brody. "Our first response was to try to convince him to continue, but after it became clear that Richard genuinely felt a need to retire, we realized that we both knew and understood REL's culture, their people, and core competencies intimately, and we felt we could really bring something of benefit to REL."
John Hunter added, "REL is a special company: our sole aim is to be good stewards of what they have built. There are 55 English and Welsh men and women who pour their passion and attention to quality into their work every day. We're here to grow this company, to make it better in every way it needs. We're investing in better tools, hiring more experienced people, and paying careful attention to blending leading-edge design into the REL mix."