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Guitar World
Guitar World
Entertainment
Phil Weller

“We are convinced that Marshall will strengthen its position as the go-to brand for guitarists”: Chinese firm HSG acquires majority stake of Marshall Group in $1.1 billion deal

Marshall de Maillard
A Marshall amp head.

A new era of Marshall amps has been announced, with Chinese private equity firm HongShan Capital Group (HSG) acquiring a majority stake in the firm’s parent company, the Marshall Group. The deal is valued at €1.1 billion (approx $1.13 billion) which sees the Marshall family retain a 20% stake.

The deal is still subject to regulatory approvals, but if it goes through, it will stand as HSG’s largest investment in a European-based company. Music gear firm Boss, and online design platform Canva are already part of its growing portfolio, which includes pharmaceutical, sports, and robotics brands.

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