In 1957, Epiphone, Inc. was purchased by Gibson, its main rival in the archtop guitar market at the time. Today, Epiphone is still used as a brand for the Gibson company, both for budget models of other Gibson-branded products and for several Epiphone-exclusive models.
When did Gibson buy Epiphone?
1986 In 1986, three Harvard MBAs; Henry Juszkiewicz, David Berryman and Gary Zebrowski, bought Gibson/Epiphone from ECL/Norlin. Reviving Gibson was the first priority for the new owners, and with Epiphone making less than $1 million revenue in 1985, the 100 year old company was once again set aside.
Who is Gibson owned by?
Gibson was owned by Norlin Corporation from 1969 to 1986. In 1986, the company was acquired by a group led by Henry Juszkiewicz and David H. Berryman. In November 2018, the company was acquired by a group of investors led by private equity firm Kohlberg Kravis Roberts.
Who made Epiphone guitars?
Anastasios Stathopoulos Epiphone/Founders
Are Gibson guitars overpriced?
Gibson guitars are overpriced. Most of them are not much better than epiphones. The problems with Gibson isnt that they dont use nice materials and what not, because they do.