"Steinway, maker of the famous pianos, is being acquired for $438m
(£288m) by the private equity firm Kohlberg & Co. The 160-year old
firm had previously announced it was looking for a buyer. ...
The company, which was founded in 1853 in lower Manhattan by
German immigrant Heinrich Engelhard Steinweg (later Henry E.
Steinway), still has manufacturing facilities in Astoria, Queens and
Hamburg, Germany.
(£288m) by the private equity firm Kohlberg & Co. The 160-year old
firm had previously announced it was looking for a buyer. ...
The company, which was founded in 1853 in lower Manhattan by
German immigrant Heinrich Engelhard Steinweg (later Henry E.
Steinway), still has manufacturing facilities in Astoria, Queens and
Hamburg, Germany.
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