Yamaha has announced that it has reached a basic agreement to purchase 100% of the shares of L. Bösendorfer Klavierfabrik GmbH, the premium piano manufacturer.
Yamaha made its decision to acquire 100% of Bösendorfer's shares based on its judgment that the acquisition will make it possible to draw fully on the strengths and special features of both Yamaha and Bösendorfer pianos to contribute to musical culture through continuing to offer top-quality pianos to the market and significantly enhancing Yamaha's presence in the premium piano market.
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