Marshall takeover: traditional manufacturer is acquired by Zound Industries
Marhsall takeover by supplier: Traditional manufacturer Marshall, known to the non-music-making guild primarily for its Bluetooth speakers like the Woburn III (our review) or Stanmore III (our review), is taken over by Zound Industries. Zound Industries had previously produced these very Bluetooth speakers and headphones for Marshall.
Marshall takeover: Zound Industries takes over Marshall
That’s right: the Swedes from Zound Industries, who among other things have already manufactured the excellent Bluetooth speakers for Marshall under their name, are now taking over the traditional manufacturer completely, as they announced in a press release.
Together, they will operate under the new name Marshall Group in the future and can now offer amplifiers for guitars and instruments and speakers/headphones together under one roof.
The deal also includes the Natal Drums, Marshall Records and Marshall Live Agency brands. However, Zound Industries is not disclosing how much the acquisition cost. The business will be managed by Jeremy de Maillard, who has been CEO of Zound Industries until now.
The largest shareholder of the new group, however, remains the Marshall family around Victoria and Terry Marshall, who will hold 24 percent of the newly founded company. Terry founded the company together with his father Jim Marshall in 1962.
The takeover is not expected to bring any real changes to the product portfolio, as the two companies had already worked closely together in the past. Zound Industries also wants to keep its brands alive. This includes Urbanears, for example.
Gehört zum Inventar