One of Milton Keynes' most famous and iconic businesses sells for multiple millions to global company
The firm is part of MK’s history
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The firm is part of MK’s history
Swedish company Zound Industries has acquired guitar amp maker Marshall Amplifier, having previously licensed its speakers and headphones.
Though the Marshall family will retain a 24 percent stake in the company, the sale marks the end of 60+ years of family ownership of the legendary amp firm.
The privately owned Swedish firm, which already designs and develops speakers and headphones using the Marshall brand, will create a newly formed company called the Marshall Group.
Zound Industries made its name making Marshall licensed speakers and now owns the legendary British brand. An end of an era, but what does it mean for guitar amps under the newly formed Marshall Group