FMIC Sells Ovation

Yngwie Malmsteen Ovation

Here’s an interesting development. Fender subsidiary KMC Music has sold the Ovation guitar brand as well as its owned and licensed percussion brands to Drum Workshop. Fender sold Guild a little while ago, and in 2014 they ceased U.S. production of Ovation’s New Hartford plant, shifting Ovation production to China, South Korea and Indonesia. No word yet on whether DW will re-open U.S. production of Ovations.

So hey FMIC, while you’re in a divesting mood, howzabout selling Hamer so somebody can bring it back to life?

Here’s the press release. Read More …