Deals
Sweden’s Zound Buys Marshall, Amp Maker to Hendrix and Clapton
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Marshall Amplification Plc, the iconic maker of guitar amplifiers used for decades by musicians including Jimi Hendrix, Eric Clapton and Lana Del Rey, has agreed to be acquired by Stockholm-based Zound Industries.
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 under the terms of the deal, it said in a statement Thursday.