Hanser Music Group has confirmed the sale of its distribution business, Davitt & Hanser, to JAM Industries. The transaction, completed on October 6th, is said to allow Hanser Music Group to focus on targeting new growth opportunities while providing JAM Industries an expanded product line and accessory driven expertise, to better serve its dealer network throughout the United States.
For 90 years, Davitt & Hanser has been a staple of distribution within the musical instrument industry. During that time, they have been providing brand names such as Ernie Ball, Audio Technica, D’Addario, Remo, Hohner, Shure, Vic Firth, and many other major branded small goods to stores across the nation. Since the beginning, the distribution portion of Hanser Music Group has served as its foundation, allowing the company to diversify its growth into other segments of the industry. “Our business is growing in several key areas. This transaction gives us an opportunity to focus on and to innovate in those areas. The B.C. Rich, Michael Kelly Guitars, Kustom, Powerwerks and Dawn brands will now get greater attention,” explains Gary Hanser, CEO of Hanser Music Group. “We are excited that after 90 years in the industry, we can continue to improve and refine all of this while working to better partner with our dealers and distributors around the globe.”
The JAM family of companies include U.S. based American Music & Sound, Ashly Audio, and U.S. Music Corp. As manufacturers of several of the oldest brands in the United States: Washburn Guitars, Oscar Schmidt, Parker and Randall, plus distribution of top shelf brands such as Marshall Amplification, Digitech, Warwick Basses, and Eden, U.S. Music Corp. is firmly established as a market leader. Adding Davitt & Hanser allows JAM to expand its MI offering and to leverage the brand partnership, dealer loyalty and strength D&H has in customer service for musical accessories.
