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Evening Standard
Evening Standard
Business
Simon Hunt

Zound acquires Marshall Amps as family control ends after 60 years

Terry Marshall Stockholm

The Marshall family’s controlling interest in its iconic guitar amplifier company is set to come to an end after 60 years as family members have signed a deal to hand it over to Stockholm-based Zound Industries.

Under the terms of the deal, Zound will acquire Marshall Amplification, while Marshall family will hold a 24% stake in newly formed joint entity known as Marshall Group.

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