It has been announced that the Geneva Group has secured the purchase of Amati USA, based in New York.

4BR was informed that the move follows several months of negotiations throughout the first half of 2016, with Geneva Group CEO and Founder Tim Oldroyd recently returning to the UK following the successful acquisition.

High profile addition

It marks the latest high-profile addition to the Geneva Group following the purchase of large factories of the renowned Amati Denak in Kraslice, and VF Cerveny & Synove in Hradec Kralove in the Czech Republic.

"Amati USA is the final jewel in Geneva's crown for 2016,"Tim Oldroyd told 4BR. "The way is now open for Geneva to advance its presence as world leaders in musical instrument manufacture, and to promote new and existing products that will secure a sustainable and healthy future."

Working hard

He added: "We have been working hard to make sure our plans to purchase Amati USA happened within the first half of 2016 alongside the Czech Republic factories.

It fits perfectly with our business model — moving us forward to some very exciting new developments for the Geneva Group in 2017."

It fits perfectly with our business model — moving us forward to some very exciting new developments for the Geneva Group in 2017CEO, Tim Oldroyd

USA lead

It was announced that the USA project will be headed by Tomas Hadl, who has been appointed as CEO of Amati USA, with Tim Oldroyd commenting: "Tom is one of the most driven people I have met over quite some time in business.

He has so much passion for the products under the Geneva Group that he was the perfect candidate."

The Geneva Group will now welcome their new and existing customers to the NAMM trade show in Anaheim, California, USA in January 2017.