Marshall sold to Swedish Bluetooth speaker company Zound Industries

The sale also includes Marshall Live Agency and Marshall Records

Marshall has now become The Marshall Group, as Zound Industries takes over the brand. Zound Industries has been the licensee of Marshall consumer products such as headphones and home speakers since 2010, alongside house brand Urban Ears and Adidas audio products,

“Marking the next chapter of the decade long successful partnership, the announcement of the launch of Marshall Group brings together Milton Keynes-headquartered Marshall

Amplification and Stockholm-headquartered Zound Industries” said the official statement. “Under the terms of the deal, Zound Industries will acquire Marshall Amplification and the Marshall family will become the largest shareholder of the newly formed Marshall Group. The deal includes all of Marshall Amplification brands and subsidiaries, including Natal Drums, Marshall Records, and Marshall Live Agency”.The Marshall family will own a 24% stake. Initial press reaction has been mixed with Music Radar suggesting it was ‘an end of an era’ and Guitar World saying it was “the end of family ownership”. Marshall made a £5.7m profit in 2021 and a statement says amp prodiction will remain between the current factories. Victoria Marshall added: “Having worked alongside my father during his later years, I know he would be excited at this direction and the potential to reach a larger worldwide audience with innovation and passion which he always had in spades.”