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Marshall Group Sells Majority Stake to Hong Kong VC for $1.15 Billion
Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion
This will be the largest European investment to date for HSG, which also has offices in mainland China and London and lists TikTok owner ByteDance and the Chinese mega-retailer Alibaba in its portfolio. Devotees of these high-wattage “Marshall stack” rigs over the years have included such guitar giants as Jimi Hendrix, Jimmy Page, Slash, Eric Clapton, Pete Townshend and Angus Young. “Our mission is to support Marshall in unlocking its full potential by leveraging our expertise in digital channels and supply chain optimization,” said Taro Niggemann, managing director for Europe at HSG.
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