Family-owned Marshall Amplification sold to Sweden’s Zound Industries
The UK-based Marshall Amplification, which was founded by Jim Marshall (pictured left) and his son Terry in 1962 and has since gone on to become the amp of choice for some of the world's most famous musicians, has been acquired by the Swedish firm Zound Industries.
The agreement, which will see all Marshall brands and Zound Industries rebranded as the newly formed Marshall Group, will see the Marshall family retaining 24%, making them the largest shareholders.
