Any news on the new owners of tesoro yet ?
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  1. #1

    Dec 2007
    bandido 2 umax
    88
    12 times

    Any news on the new owners of tesoro yet ?

    Any news on the new owners of Tesoro , They better hurry up !

  2. #2
    Charter Member
    us
    Rook

    Nov 2013
    XP Deus, F75Ltd., AT PRO, Garrett pointer
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    You know. I’ve never owned a Tesoro but I might be willing to give one a shot. Thanks
    For the post.
    When you come to a fork in the road, take it.

  3. #3
    Charter Member
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    Ron

    Feb 2007
    Fort Worth'ish
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    New owners of Tesoro is news itself to me.
    A2coins, RustyGold and Slowtaknow like this.

  4. #4
    Charter Member
    us
    Jul 2006
    Florida
    Minelab_Equinox_ 800 Minelab_CTX-3030 Minelab_Excal_1000 Minelab_Sovereign_GT Minelab_Safari Minelab_ETrac Whites_Beach_Hunter_ID Fisher_1235_X
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    There are no new owners, Tesoro went out of business.




    https://www.bbb.org/us/az/prescott/p...dditional-info
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  5. #5
    Charter Member

    Feb 2017
    Pa
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    Here, I got all excited.
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  6. #6
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    Tommy

    Dec 2015
    Ann Arbor
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    Just like that I thought they were doing well heard alot of good posts about their machines. hmmm

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  7. #7
    us
    May 2010
    White Plains, New York
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    Whew! I thought my negotiations to buy the Company had leaked out..

  8. #8
    Charter Member
    us
    Aug 2013
    Southern California
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    Quote Originally Posted by reed88 View Post
    Any news on the new owners of Tesoro , They better hurry up !


    “Strive not to be a success, but rather to be of value.”
    – Albert Einstein

  9. #9
    us
    Jun 2006
    tn
    tesoro cibola - minelab equinox 600
    22
    1 times
    All Types Of Treasure Hunting

  10. #10
    us
    Silver Fiend

    Oct 2009
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    Quote Originally Posted by syclone0182 View Post
    meaningless. the entire tesoro website is still up, but company is gone. dead. defunct. kaput.
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  11. #11
    us
    Lord ringpull

    Oct 2015
    Kannapolis nc
    Fisher f2, Tesoro vaquero, Nokta Simplex
    326
    372 times
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    I'm thinking he means that is the rumoured buyer?! Maybe

  12. #12
    us
    Lord ringpull

    Oct 2015
    Kannapolis nc
    Fisher f2, Tesoro vaquero, Nokta Simplex
    326
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    On that note i would like to see nokta buy them up.

  13. #13
    us
    Only boaring people get board

    Nov 2018
    The Thumb
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    Quote Originally Posted by Slowtaknow View Post
    On that note i would like to see nokta buy them up.
    Hmm Turks buying an American company, think Ill pass on that...

    Finding a buyer might be impossible if the warranty would follow the buyer of the company, that could be a mess to deal with...
    I'll sleep when I'm dead

  14. #14
    us
    Silver Fiend

    Oct 2009
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    Theres nothing to buy except the collection of electronics. Companies get bought because they have value. Value in future sales, value in intellectual property (patents) and value in the name.

    Tesoro hadnt produced new technology or designs in a VERY long time. Why would a company buy outdated tech? Tesoro had very few sales. they tried to survive on the past reputation. There are people who loved the brand and the detectors, but typically those customers are old customers who have been using Tesoro for many years. You cant bring new customers with outdated decades old tech.
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  15. #15
    Charter Member
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    Jul 2006
    Florida
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    If there was any value there one of the other manufacturers would have bought Tesoro a year ago.
    steve1357 likes this.
    PLEASE READ OUR RULES. CLICK HERE TO READ ------> TreasureNet.com Rules

    2nd Amendment
    "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed"

    Si vis pacem, para bellum "If you want peace, prepare for war!

    USAF 1967-1971

    I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic..."

    No Expiration Date!

 

 
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