Before Steinway Goes Private, Here’s an Inside Look at the Famous Factory

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Before Steinway Goes Private, Here’s an Inside Look at the Famous Factory

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Before Steinway Goes Private, Here’s an Inside Look at the Famous Factory

by DailyTicker 0:48 mins

Steinway Musical Instruments (LVB) is about to be taken private in a $438 million deal with an affiliate of Kohlberg & Company, a private equity investment firm. Last year we toured the Steinway & Sons factory in Astoria. (Watch the above video to see the inside of the Astoria factory, courtesy of Mamta Badkar/Business Insider.) The company is a subsidiary of Steinway Musical Instruments with two factories: one in New York, the other in Hamburg. Steinway prides itself on having retained manufacturing jobs

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