wilhelm Posted February 25, 2002 Share Posted February 25, 2002 I just got an email from Leica announcing the M7 and other stuff. They also gave company data which indicated that Minox is no longer part of the group, in part resulting in lower gross and net income. Just what is Minox status? Martin...? Link to comment Share on other sites More sharing options...
MTC Photography Posted February 25, 2002 Share Posted February 25, 2002 After Minox management buyout 51% from Leica, Minox is a separate company,, not a divsion of Leica. <p> However, Leica Camera Group still owns 49% of Minox Link to comment Share on other sites More sharing options...
andy_piper2 Posted February 25, 2002 Share Posted February 25, 2002 Equally, however, in one of their recent financial reports Leica 'anticipated' the eventual sale of their remaining 49% either to Minox execs or some other buyer, once Minox is doing OK on it's own. Link to comment Share on other sites More sharing options...
MTC Photography Posted February 26, 2002 Share Posted February 26, 2002 Management buyouts are common for German camera companies. <p> A few years ago, before Leica Camera went public, it was also a management owned company. <p> Rollei, once bought by Samsung, is now again a German company after Rollei management bought back control of the company. <p> IMO, management buyout of Minox means Minox flag ship cameras such as TLX and CLX remain "Made in Germany" and will not be replaced by "Made in Portugal" Link to comment Share on other sites More sharing options...
MTC Photography Posted May 5, 2002 Share Posted May 5, 2002 <a href="http://www.leica- camera.com/unternehmen/ir/struktur/index_e.html">Leica company structure><p> Leica owns 49% of Minox GmbH Link to comment Share on other sites More sharing options...
phil_kneen Posted May 5, 2002 Share Posted May 5, 2002 Believe it or not, but it is the truth, Minox cameras are now made in Bolivia by a family of pixies.The parts are helicoptered into a small town 20 miles south of La Paz and then given to the Alvarrez family who take them to a secret goblin cave.Now,pixies have very tiny hands and are able to assemble the little cameras without the aid of machines,thus making it cheaper.This whole proccess differs to Leica who have their cameras made by blind imbeciles. Link to comment Share on other sites More sharing options...
ray_moth Posted May 6, 2002 Share Posted May 6, 2002 Phil, surely you can't be including the R8, the king of SLRs, in that statement? Link to comment Share on other sites More sharing options...
nesrani Posted May 6, 2002 Share Posted May 6, 2002 Even blind imbeciles have to make a living. <p> Nice post, "Phil", but you still need to work harder on the punctuation. Remember: the space (one is enough!) goes _after_ the comma or fullstop. I haven't mentioned colons and semicolons because I don't want to confuse you at this stage. Alternatively, if you find it too taxing, you could just get the other "Phil" to type for you. Link to comment Share on other sites More sharing options...
phil_kneen Posted May 6, 2002 Share Posted May 6, 2002 Rob, I hope you aren't going to 'mark me down' for bad punktuashun? Link to comment Share on other sites More sharing options...
nesrani Posted May 6, 2002 Share Posted May 6, 2002 No, but I may have to spank you, you naughty naughty "Phil". You know you want it... you want it so bad... Link to comment Share on other sites More sharing options...
phil_kneen Posted May 6, 2002 Share Posted May 6, 2002 Aaaarh, it hurts so good. Link to comment Share on other sites More sharing options...
nesrani Posted May 6, 2002 Share Posted May 6, 2002 "Phil", I'm in Modena and you're on the Isle of Man, so you must be spanking yourself. You naughty, naughty... words fail me. Just wait til I get my hands on you... Link to comment Share on other sites More sharing options...
phil_kneen Posted May 6, 2002 Share Posted May 6, 2002 oooooh stop it Rob! I'm trying to scan some pic's to post here and you are destracting me.......you little tinker.(I don't suppose any of the very few people speaking to me have a Canoscan FS4000us and might like to tell me how to get workable sized files????) <p> Where the hell is Modena? Link to comment Share on other sites More sharing options...
nesrani Posted May 6, 2002 Share Posted May 6, 2002 "Where the hell is Modena?" <p> That's what everyone says. Link to comment Share on other sites More sharing options...
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