Steinway Musical Instruments, Inc. through its wholly owned subsidiaries, is engaged in the design, manufacture, marketing and distribution of musical instruments. The Company operates in two segments: pianos, and band & orchestral instruments. The Company, through its piano (Steinway) and band (Conn-Selmer) divisions, manufactures and distributes products within the musical instrument industry. Steinway produces the piano. Conn-Selmer is a domestic manufacturer of band and orchestral instruments and related accessories, including complete lines of brass, woodwind, percussion and string instruments. Its offerings include Selmer Paris saxophones, Bach Stradivarius trumpets, C.G. Conn French horns, Leblanc clarinets, King trombones and Ludwig snare drums. In September 2013, Steinway Musical Instruments, Inc. and Paulson & Co. Inc announced the completion of Paulson's acquisition of Steinway.