Drum Workshop Inc. (DW Drums) has just finalized an asset sale agreement to purchase all of the percussion brands owned by Fender Musical Instruments (Latin Percussion, Toca Percussion, Gretsch Drums, Gibraltar Hardware and KAT Percussion, etc.) as well as acquire exclusive U.S. distribution rights for Sabian Cymbals.
“This is an amazing opportunity to extend our passion and commitment for the art of drumming,” said Chris Lombardi, President and CEO of Drum Workshop, Inc. “We’re excited to welcome these legendary American brands to the DW family. It promises to be a very exciting year. My father (DW Founder, Don Lombardi) and I are whole-heartedly dedicated to these already well-established brands and see a bright future ahead for the entire drum industry.”
Founded in 1972, the family owned and operated manufacturing company also boasts the award-winning DW Drums brand, as well as Pacific Drums and Percussion (PDP). Details of the purchase are forthcoming, however it has been announced that DW Drums manufacturing operations will remain in California, Gretsch drum production will continue in South Carolina and LP’s offices will stay in New Jersey.