HongShan Capital to Buy Majority Stake in Guitar Maker Marshall

HongShan Capital Acquires Majority Stake in Marshall Group

Key Points:

* HongShan Capital Group has acquired a majority stake in audio equipment maker Marshall Group AB for $1.1 billion.
* The Marshall family retains a 20% stake in the company.
* Founded in 1962, Marshall is renowned for its guitar amplifiers used by rock icons like Jimi Hendrix and Eric Clapton.
* HongShan is a venture capital and private equity firm with significant investments in Alibaba, BYD, and ByteDance.
* The acquisition marks HongShan's largest investment in Europe to date.
* Marshall operates in over 90 markets, offering a range of audio products from amplifiers to headphones.
* Swedish group Zound Industries previously owned Marshall before its acquisition by HongShan.

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HongShan Capital to Buy Majority Stake in Guitar Maker Marshall

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