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.
Is Gibson still in debt?
Iconic guitar brand Gibson vows to ‘stay true’ to historic roots after bankruptcy. … Gibson found itself drowning in a $500 million debt — a byproduct of attempted expansion into consumer electronics and lifestyle branding.
Is Epiphone owned by Gibson?
Fierce competitors in the archtop guitar market throughout the ’30s and ’40s, Epiphone was later acquired by Gibson in 1957. Essentially becoming Gibson’s “budget brand”, Epiphone remains the only company in the world that can produce officially-licensed Gibson designs.