Investindustrial to acquire a majority stake in RCF Group.

Investindustrial, a European investment group, agreed to acquire a majority stake in RCF Group, a global Italian designer, manufacturer, and distributor of professional audio products and systems. Financial terms were not disclosed. "We are proud to be partnering with one of the most successful entrepreneurs on the market today. We have chosen to work with a group that not only shares our desire to manufacture excellent and successful products but, first and foremost, the absolute transparency in the way of doing business that has always defined our families," Arturo Vicari, RCF Group CEO.