Zound Industries buys Marshall

Marshall Amplification, the 60-year-old company that’s produced iconic guitar amps used by the likes of Jimi Hendrix, Slash, and Kurt Cobain, is being acquired by Zound Industries, the Swedish company that’s previously licensed the Marshall brand for its headphones and speakers. Exact financial terms of the deal were not disclosed, but the resulting company will be the privately owned Marshall Group. The Marshall family will serve as its largest shareholder with a 24 percent stake.

Jim Marshall, “The Father of Loud”, passed away in 2012.

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