Korg Acquires Spector

Korg USA has acquired Spector Bass Co.

"We've been the distributor for four years, and we knew the history and potential of this iconic brand. We also knew we could drive the future growth and expansion of the brand as an owner. Once Stuart Spector decided the time was right to entrust us with the operation of his legacy brand, we worked out the acquisition and are now proud owners," said Joe Castronovo, president of Korg.

"When the time came to transition to the next phase of life for the Spector brand, choosing Korg USA was an emotional and simple decision all at once. With the team in place at Korg USA Inc., we are leaving the Spector brand in the best of hands, and I am excited to see what the future holds," said company founder Stuart Spector.

Korg, based in New York, is now the worldwide headquarters for Spector basses. All global sales, marketing, product design, logistics and financial operations will be based out of the Korg office. Spector's USA custom shop will remain in Woodstock, New York, where it has been making custom Spector basses for 27 years.

Former Spector Vice President PJ Rubal remains in place handling artist relations and consulting during the transition, saying, "I am proud to have been Stuart Spector's business partner for half of the Spector company's first 42 years in business. Korg USA Inc.'s team will continue our great tradition of manufacturing exceptional bass guitars."

As the new owner, Korg plans to reinforce Spector's legacy with new products, a rebranding project and global sales support. Korg is also focused on expanding Spector basses' reach into untapped markets with new distribution partners around the world, according to company representatives.