does Yamata make Huskystar?
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does Yamata make Huskystar? Max Penn 12-16-2005
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Posted by Ron Anderson on December 17, 2005, 2:50 pm
Well now the plot thickens a bit. Seems the corporate controllers of Viking
(VSM group) have been purchased by the same holding company that holds
Singer.
These will be still all separate but looks to me like the European
manufacturing is into mergers and acquisitions. Below an excerpt;
"Industri Kapital Sells VSM Group to Affiliates of Kohlberg
Management IV, L.L.C.
Industri Kapital ("IK") and affiliates of Kohlberg Management IV, L.L.C.
("Kohlberg"), have signed an agreement on the sale of VSM Group Holding AB
("VSM"), a leading supplier of high end consumer sewing machines and
accessories under the Husqvarna Viking and Pfaff brands. Affiliates of
Kohlberg already control the well known Singer brand of household sewing
machines. The transaction will be made by a holding company, to be called
SVP Holdings, reflecting its ownership of the Singer, Viking and Pfaff
brands. "

A link to read it all.
http://www.vsmgroup.com/ links on this page right side.

Note this really means nothing. Manufacturers as much as they do not want
the public to know have been collaborating for years. In the Mid 80's for
Pfaff's 124th anniversary I made the cut to get the trip for the gala in
Germany. While touring the factory there was a line of machine castings
9bodies) that were obviously NOT Pfaff. Once mentioned we were whisked away
quickly
Take from this what you will.


--
Ron Anderson
A1 Sewing Machine
PO Box 60
Sand Lake, NY 12153
518-469-5133
http://www.a1sewingmachine.com
> On Sat, 17 Dec 2005 07:47:02 -0800, Melinda Meahan - take out TRASH to
>
>>G. Wayne Hines wrote:
>>>
>>> That may be possible, except those machines would not be made by
>>> Yamata. Yamata does not make the Huskystars.
>>
>>Maybe not, but Husqvarna doesn't make them, either.
>
> That's true, but you don't have to get very far inside the machine to
> tell who makes them.
>
> gwh
>



Posted by Pogonip on December 17, 2005, 3:16 pm
Ron Anderson wrote:
> Well now the plot thickens a bit. Seems the corporate controllers of Viking
> (VSM group) have been purchased by the same holding company that holds
> Singer.
> These will be still all separate but looks to me like the European
> manufacturing is into mergers and acquisitions. Below an excerpt;
> "Industri Kapital Sells VSM Group to Affiliates of Kohlberg
> Management IV, L.L.C.
> Industri Kapital ("IK") and affiliates of Kohlberg Management IV, L.L.C.
> ("Kohlberg"), have signed an agreement on the sale of VSM Group Holding AB
> ("VSM"), a leading supplier of high end consumer sewing machines and
> accessories under the Husqvarna Viking and Pfaff brands. Affiliates of
> Kohlberg already control the well known Singer brand of household sewing
> machines. The transaction will be made by a holding company, to be called
> SVP Holdings, reflecting its ownership of the Singer, Viking and Pfaff
> brands. "
>
> A link to read it all.
> http://www.vsmgroup.com/ links on this page right side.
>
> Note this really means nothing. Manufacturers as much as they do not want
> the public to know have been collaborating for years. In the Mid 80's for
> Pfaff's 124th anniversary I made the cut to get the trip for the gala in
> Germany. While touring the factory there was a line of machine castings
> 9bodies) that were obviously NOT Pfaff. Once mentioned we were whisked away
> quickly
> Take from this what you will.
>
>
Isn't this deja vu all over again? Who was the Hong Kong businessman
who was buying up all the sewing machine companies a few years back --
until his empire collapsed and he became a fugitive. Didn't he own
these same companies at one time? Plus some others, I think.

--
Joanne
stitches @ singerlady.reno.nv.us.earth

Posted by Pogonip on December 17, 2005, 6:41 pm
Pogonip wrote:
> Ron Anderson wrote:
>
>> Well now the plot thickens a bit. Seems the corporate controllers of
>> Viking (VSM group) have been purchased by the same holding company
>> that holds Singer.
>> These will be still all separate but looks to me like the European
>> manufacturing is into mergers and acquisitions. Below an excerpt;
>> "Industri Kapital Sells VSM Group to Affiliates of Kohlberg
>> Management IV, L.L.C.
>> Industri Kapital ("IK") and affiliates of Kohlberg Management IV,
>> L.L.C. ("Kohlberg"), have signed an agreement on the sale of VSM Group
>> Holding AB ("VSM"), a leading supplier of high end consumer sewing
>> machines and accessories under the Husqvarna Viking and Pfaff brands.
>> Affiliates of Kohlberg already control the well known Singer brand of
>> household sewing machines. The transaction will be made by a holding
>> company, to be called SVP Holdings, reflecting its ownership of the
>> Singer, Viking and Pfaff brands. "
>>
>> A link to read it all.
>> http://www.vsmgroup.com/ links on this page right side.
>>
>> Note this really means nothing. Manufacturers as much as they do not
>> want the public to know have been collaborating for years. In the Mid
>> 80's for Pfaff's 124th anniversary I made the cut to get the trip for
>> the gala in Germany. While touring the factory there was a line of
>> machine castings 9bodies) that were obviously NOT Pfaff. Once
>> mentioned we were whisked away quickly
>> Take from this what you will.
>>
>>
> Isn't this deja vu all over again? Who was the Hong Kong businessman
> who was buying up all the sewing machine companies a few years back --
> until his empire collapsed and he became a fugitive. Didn't he own
> these same companies at one time? Plus some others, I think.
>

Replying to my own post (very bad form) I found the information I
remembered reading about:
<http://www.businessweek.com/magazine/content/02_31/b3794153.htm>
James Ting and his Semi-Tech Global empire.
--
Joanne
stitches @ singerlady.reno.nv.us.earth

Posted by Sally Holmes on December 17, 2005, 5:22 pm
Ron Anderson wrote:
> Well now the plot thickens a bit. Seems the corporate controllers of
> Viking (VSM group) have been purchased by the same holding company
> that holds Singer.

The plot is so thick it's solidifying. I thought Viking bought Singer a few
years back, and then bought up Pfaff.

Funny old world.

Sally



Posted by G. Wayne Hines on December 17, 2005, 6:14 pm
wrote:

>Ron Anderson wrote:
>> Well now the plot thickens a bit. Seems the corporate controllers of
>> Viking (VSM group) have been purchased by the same holding company
>> that holds Singer.
>
>The plot is so thick it's solidifying. I thought Viking bought Singer a few
>years back, and then bought up Pfaff.

I don't think there's been any connection between Viking (Husqvarna)
and Singer. Industri Kapital, which is in the process of selling VSM
bought the sewing machine business from Electrolux in the 1990's.

Singer did own Pfaff for a short time, until Singer went bankrupt in
1999. Pfaff reorganized under German ownership and then became a part
of VSM two or three years ago.

The Kohlberg people say VSM with its premium brands of Husqvarna and
Pfaff, sold through independent dealers, will remain a separate unit
from Singer which focuses on models for the big box outlets, although
the recent president of Singer will head up the new VSP division
controlling the three brands.

gwh


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